The Chinese tech company's shares are on track for their best month since January.
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Once best known for e-commerce, Alibaba this month has ramped up its AI investments across robotics and related businesses.
Capital flows from eager mainland China-based investors are flowing into these artificial intelligence plays.
The tech giant was on the shopping list we shared on Thursday.
While Big Tech deals draw eyeballs, opportunities lie in those flying under the radar but supporting the AI supply chain.
This AI stock has a more visible path to victory than its hyperscaler peers.
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
