Alibaba (BABA) shares are on the move following a mixed 1Q earnings print. Brendan Ahern says revenue topped Street estimates and believes its cloud revenue was the key driver to the company's growth. Brendan underscores the importance of another development: Alibaba developing A.I. chips to fill the void of Nvidia (NVDA) technology currently banned. He views it as an added tailwind, but not the predominant growth driver for BABA. Later, Brendan discusses his firm's CSI China Internet ETF (KWEB).