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Baidu’s Chip Unit Asked IPO Investors to Buy Its Semiconductors
In China, chip companies may have found a new clientele for their semiconductors: IPO investors. Kunlunxin Technology, an AI chip firm majority owned by search engine company Baidu, is planning to go public in Hong Kong at a target valuation of $50 billion, according to a person who participated ...
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economictimes.indiatimes.com
Chinese AI, chip firms are driving an onshore IPO rebound - The Economic Times
China's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid US rivalry. Over $3.1 billion has been…
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cryptobriefing.com
Chinese AI and chip firms drive onshore IPO rebound with billion-dollar debuts
Chinese AI and semiconductor companies are driving an onshore IPO rebound with billion-dollar debuts, 400%+ first-day gains, and massive oversubscription
