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Alibaba Group Holding Ltd. has successfully developed its own chip, delving deeper into semiconductors just as Washington targets China’s tech industry.

The e-commerce giant joins a series of giant Chinese corporations such as Huawei Technologies Co. that are creating alternatives to foreign software and hardware. Alibaba on Thursday unveiled the Xuantie 910 processor based on an open-source design known as RISC-V that competes with the global standard developed by SoftBank Group Corp.’s ARM. The new processor supports connected devices and some artificial intelligence applications.

Xuantie is the first fully formed product to emerge from a chip-making subsidiary Alibaba set up last year to power its foray into cutting-edge circuity. Led by the unit T-head or Pingtouge, it’s part of the company’s expansion into artificial intelligence and development of pivotal technology for the Internet of Things.

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