Baidu's AI Chip Surge: A $6.4 Billion Jump

Baidu's stock skyrocketed 16% in Hong Kong, adding $6.4 billion in value, fueled by surging optimism around its AI chip potential. A wave of positive analyst reports, upgrades to AI models like Ernie X1.1, and strategic partnerships are driving the surge, overshadowing previous AI disappointments and positioning Baidu as a major player in the AI landscape. Hosted on Acast. See acast.com/privacy for more information.