Baidu’s Chip Unit Asked IPO Investors to Buy Its Semiconductors - The Information

Baidu’s Chip Unit Asked IPO Investors to Buy Its Semiconductors – The Information

June 29, 2026

Baidu’s Chip Unit Asked IPO Investors to Buy Its Semiconductors The InformationBaidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO CNBCBaidu’s AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports ReutersInformed sources: ByteDance currently has no intention to cooperate with Kunlun Chips WEEXHong Kong Stock Market Alert | Baidu Group-SW (09888) Opens 4% Higher Amid Reports That Its AI Chip Subsidiary, Kunlunxin, Plans Hong Kong IPO with Target Valuation of Approximately USD 50 Billion Moomoo