The post Baidu surges $6B in a day as AI momentum builds appeared on BitcoinEthereumNews.com.

Baidu has surged by nearly 16% to HKD$131, the most it has jumped in more than three years in Hong Kong, in the wake of its AI chip potential growth. The company has also added $6.4 billion in market value. The AI tech firm’s price has also increased by more than 49% in the past month and roughly 57.7% in the past twelve months. Optimism about the company’s core search and AI ambitions has gained traction in the market and pushed its stock price higher. Baidu’s AI ambition gains traction Baidu’s going vertical now. Chinese tech shares surge 4% on Wednesday pic.twitter.com/aqAoCd6l1b — David Ingles (@DavidInglesTV) September 17, 2025 Baidu’s options bets also soared, with roughly 170,000 contracts changing hands on Wednesday, more than triple the 20-day average. The firm’s derivatives have surged in recent days, reaching a record number of trades last week. The increased growth stems from Arete Research Services LLP’s lifting its rating on Baidu’s American depositary receipts to buy from sell. The company had only held the sell recommendation on the stock since it downgraded it last May.  Arete analysts Shawn Yang and Richard Kramer argued that Baidu’s chip venture has the potential to more than offset the drag from its struggling online advertising business. The brokerage currently prices Baidu’s target at $143, suggesting a potential upside of 17.45% from its current price. Citigroup and Goldman Sachs Group analysts also published bullish views on Baidu on Wednesday, noting its growth potential in the Cloud business and its latest reasoning model update. On Monday, the company also partnered with China Merchants Group to achieve resource sharing and common development in AI technologies. Citigroup analyst Alicia Yap acknowledged that the initiative could be a multi-year contract to boost Baidu’s cloud revenue. The chief executive officer of the Kunlun…

---

Filed under: News - @ September 17, 2025 8:26 pm