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Baidu Stock Up 3% Today — Time to Buy?
- Location: United States
Baidu’s stock surged nearly 3% today as investors welcomed new Chinese government support for domestic AI chip development. This move strengthens Baidu’s long-term strategy in artificial intelligence and autonomous driving. The company remains the premier AI-powered search engine in China, with an approximate 55% market share, despite increasing competition from Bing and Haosou. In addition to search, Baidu is becoming a formidable contender in AI cloud computing and autonomous mobility.
To read the full blog, click on this: Baidu Stock Up 3% Today — Time to Buy?
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