BUZZ-Baidu Hong Kong stock climbs on new AI processors, supercomputing products
Reuters
Yesterday
BUZZ-Baidu Hong Kong stock climbs on new AI processors, supercomputing products
** Hong Kong shares of Chinese language Internet search provider Baidu Inc 9888.HK climb 3.5% to HK$130.7, on track for the biggest one-day pct gain since October 27
** Baidu unveiled two new semiconductors for artificial intelligence on Thursday, saying the products can provide Chinese companies with powerful, low-cost and domestically controlled computing power
** Company says the M100, an inference-focused chip capable of both training and inference, is set to be launched in early 2026 and it also announced two supernode products
** YTD, Hong Kong stock up 52.7%, U.S-listed shares BIDU.O up 52.9%, Hang Seng Tech Index .HSTECH up 33.5%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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