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- 1Baidu's 15-Year AI Chip Bet Faces Its Market Test▼Baidu Spent 15 Years Building Its Own AI Chips. Now Comes the Public Market Test.
Baidu has spent roughly 15 years developing its own AI chips in-house, a long-running effort to reduce reliance on foreign semiconductor suppliers. The company now faces a public test as its chips are judged against market expectations, amid intense competition in China's AI hardware sector and ongoing US export restrictions shaping demand for domestic alternatives.
- 2US Stocks Rise Ahead of PCE Data and Micron Results▼US Stocks Rise as PCE and Micron Pose Key Tests: Markets Wrap
US equities climbed as investors braced for two major tests: the latest PCE inflation reading, the Federal Reserve's preferred price gauge, and earnings from chipmaker Micron Technology. The PCE figures will shape expectations for the path of interest rates, while Micron's results are viewed as a bellwether for the AI-driven semiconductor sector. Traders are watching both closely for direction on Wall Street.