Huatai Securities

Baidu's AI chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and has asked prospective investors to commit to purchasing its semiconductors, blurring the line between shareholder and custom…

Chinese chipmaker Kunlunxin is targeting a $50 billion initial public offering in Hong Kong and has asked prospective IPO investors to commit to purchasing its AI semiconductors, according to a report…

ByteDance is in talks to buy at least 50,000 AI chips from Shanghai-based Iluvatar CoreX for inference workloads powering its Doubao chatbot, Reuters reports. If completed, the deal would make Iluvata…