Is Baidu (BIDU) One of the AI Stocks on Wall Street’s Radar?

Maham Fatima

Tue, June 30, 2026 astatine 8:36 AM CDT 2 min read

Baidu Inc. (NASDAQ:BIDU) is 1 of the AI stocks connected Wall Street's radar. On June 28, Reuters reported that Kunlunxin, the semiconductor portion of Baidu, is reportedly targeting a $50 cardinal valuation for its upcoming Hong Kong IPO. This fig represents a 17-fold summation since its backing circular conscionable six months ago, erstwhile it was valued astatine astir $3 billion. The accelerated surge highlights aggravated marketplace frenzy surrounding AI hardware arsenic home chipmakers capitalize connected China's propulsion for homegrown exertion and proviso concatenation constraints.

Founded successful 2011, Kunlunxin has emerged arsenic a cardinal contender against Nvidia and different home rivals, presently benefiting from surging request and US export controls. Despite being smaller than competitors similar Huawei oregon Alibaba's spot division, it has secured large clients including Tencent, portion ByteDance has reportedly considered utilizing its chips. Citi analysts task the company's gross to triple to 14 cardinal yuan by 2027.

Amid concerns astir marketplace hubris and imaginable concern bubbles, the Bank for International Settlements has warned that the existent AI superior expenditure roar could yet pb to a important concern bust.

Baidu Inc. (NASDAQ:BIDU) provides net search, online entertainment, and online selling services, including search-based, feed-based, and different services. It is headquartered successful Beijing, China, and has transformed itself into a full-stack AI player.

While we admit the imaginable of BIDU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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