💻 Baidu Shares Surge After Analyst Upgrade on Chip Venture
🔹 $BIDU (Baidu, Inc.-ADR) shares soared as much as 14% in Hong Kong, the biggest jump since March 2023, after Arete Research upgraded its ADRs to buy from sell.
🔹 The upgrade was driven by optimism over Baidu’s in-house chip business, seen as a key growth driver for the Chinese internet giant.
🔹 The stock has now gained more than 40% this month, outpacing peers, as analysts grow more positive on its AI and chip strategy after past setbacks.
🌐 Read more: www.bloomberg.com/news/articles/2025-09-17/baidu-shares-surge-as-analyst-upgrades-on-in-house-chip-venture
Your capital is at risk. Past performance is not an indication of future results.... Show More
Great increase! Bidu and Alibaba look like the two winners of chip production in China, after the ban of Nvidia’s chips... Show More
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