Huatai Securities

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…

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…

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…