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Alibaba, Baidu advance IPO plans for AI chip subsidiaries

Chia-Han Lee, Taipei; Levi Li, DIGITIMES Asia 0

Credit: T-Head Semiconductor

China's two largest technology companies, Alibaba and Baidu, have launched initial public offering (IPO) processes for their semiconductor design subsidiaries, a move widely seen as part of Beijing's broader push to strengthen domestic chip self-sufficiency...

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