Monday, June 29

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Markets JPMorgan Lifts Its European Stock Targets, Betting on an Earnings Rebound Personal Finance 'Buy the Haystack': Why Index Funds Beat Stock-Picking for Most Investors Companies Honda Repurposes an Ohio EV Battery Plant to Feed the AI Data-Center Boom Economy The BIS Warns a Debt-Fueled AI Boom Could End in a Bust Markets Baidu's AI Chip Unit Targets a $50 Billion Hong Kong IPO Companies Toyota's Global Sales Fall for a Fourth Straight Month Economy China Factory Data in Focus as June PMI Is Expected to Show Bare Growth Crypto Spot Bitcoin ETFs Head for Their Worst Month on Record Markets JPMorgan Lifts Its European Stock Targets, Betting on an Earnings Rebound Personal Finance 'Buy the Haystack': Why Index Funds Beat Stock-Picking for Most Investors Companies Honda Repurposes an Ohio EV Battery Plant to Feed the AI Data-Center Boom Economy The BIS Warns a Debt-Fueled AI Boom Could End in a Bust Markets Baidu's AI Chip Unit Targets a $50 Billion Hong Kong IPO Companies Toyota's Global Sales Fall for a Fourth Straight Month Economy China Factory Data in Focus as June PMI Is Expected to Show Bare Growth Crypto Spot Bitcoin ETFs Head for Their Worst Month on Record

Topic: baidu

Exchange Square in Hong Kong's financial district

Monday, 6/29, 05:43 AM

Baidu's AI Chip Unit Targets a $50 Billion Hong Kong IPO

Baidu shares jumped more than 7% after a report that Kunlunxin, its in-house AI chip unit, is aiming for a roughly $50 billion valuation in a Hong Kong IPO.
The figure underscores how hungry investors are for Chinese alternatives to Nvidia as US export controls bite.

baidu — news and stories on this topic

This page collects all of Boursel's coverage of baidu. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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