Kunlun Core's momentum is strong, Wall Street is optimistic about Baidu: expected to replicate Google's AI comeback road.

With the rising expectation of its chip subsidiary Kunlun Xin's spin-off and listing, Baidu is once again gaining favor on Wall Street. Analysts believe that the rise of this semiconductor business will not only help unlock Baidu's potential value, but also enable the leading Chinese internet search company to potentially replicate Alphabet's comeback path in the field of artificial intelligence through chip strategy. Both Goldman Sachs and Macquarie Securities stated last week that the potential IPO of Kunlun Xin is a key step for Baidu to "unlock value".