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Jan 2, 2026 8:00 AM

Baidu Begins 2026 With A Strong AI Move, Stock Soars

Global investors are closely watching how Chinese tech giants unlock value from their artificial intelligence businesses, and Baidu Inc.  (NASDAQ:BIDU) is taking a significant step in that direction.

Baidu Plans Hong Kong Spinoff of AI Chip Unit

Baidu stock gained on Friday after the company shared plans to spin off and separately list Kunlunxin, its AI chip unit, on the Hong Kong Stock Exchange.

The company said the proposed spinoff would allow Kunlunxin, a non-wholly owned subsidiary, to operate as a standalone public company, highlighting its value to investors focused on AI chips while expanding its financing options and strengthening management accountability.

Baidu owns 59% of Kunlunxin, CNBC reported on Friday.

Also Read: Baidu's AI Cloud Takes Off, But Ad Slump Steals Spotlight

Baidu expects ...