• Trading at $125.13 (+6% from prior close, including intraday move and slight after-hours dip)
  • Rally follows reports Baidu’s Kunlunxin AI chip arm targets $3 billion Hong Kong IPO, boosting sentiment
  • Articles highlight Baidu’s push to become China’s Nvidia, deepening focus on in-house AI chips and hardware
  • Recent commentary frames BIDU as an AI value play, with investors betting on long-term chip-led growth