ReutersReuters

Baidu Hong Kong stock climbs on new AI processors, supercomputing products

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** Hong Kong shares of Chinese language Internet search provider Baidu Inc BIDU climb 3.5% to HK$130.7, on track for the biggest one-day pct gain since October 27

** Baidu unveiled two new semiconductors for artificial intelligence on Thursday, saying the products can provide Chinese companies with powerful, low-cost and domestically controlled computing power

** Company says the M100, an inference-focused chip capable of both training and inference, is set to be launched in early 2026 and it also announced two supernode products

** YTD, Hong Kong stock up 52.7%, U.S-listed shares BIDU up 52.9%, Hang Seng Tech Index HHSTECH up 33.5%

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