Amazon and U.S. AI Stocks Top Alibaba and Chinese Peers, Says UBS. Here’s Why. - Barron's

1. Alibaba's chairman questions U.S. AI data center spending as a potential bubble. 2. UBS forecasts U.S. tech spending will significantly outpace China’s in AI. 3. Chinese companies, including Alibaba, will increase capex by 54% to $51 billion. 4. U.S. cloud firms expected to generate significantly more revenue than Chinese counterparts. 5. Technological edge and profitability favor U.S. companies over Alibaba and peers.