Hong KongAlibaba says over 60% of T-Head’s computing serves outside customers.

Alibaba would keep control of T-Head after a Hong Kong listing it confirmed on 10 November.

Carmakers rent Zhenwu chips through Alibaba Cloud, which bills them, so they never buy a chip from T-Head.

Estimates of T-Head’s worth range from $25 billion to $85 billion, JPMorgan and Nomura reportedly say.

How each outlet framed it
TechNode
foregrounds that over 60% of T-Head's computing serves outside customers, including carmakers renting Zhenwu capacity via Alibaba Cloud

Sources: TechNode