Baidu’s artificial intelligence chip unit, Kunlunxin, is preparing for a potential dual listing in Shanghai and Hong Kong. On the surface, this looks like another technology IPO story. But the deeper message is more important.
China’s AI race is no longer just about building better chatbots, smarter search engines or more advanced software models. It is increasingly about who controls the computing power behind artificial intelligence.
That is why Kunlunxin’s listing plan matters. It reflects a broader shift in Asia’s semiconductor landscape, where chips are no longer seen only as hardware components. They are becoming strategic infrastructure.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here








