野村：受到昆仑芯利好消息推动 百度集团-SW(09888)股价表现远超恒指科技

Core Viewpoint - Nomura's report indicates that Baidu Group-SW (09888) stock price has increased by 50% over the past month, significantly outperforming the Hang Seng Index's technology sector, which rose by 13%, primarily driven by positive news regarding its chip design subsidiary, Kunlun Chip [1] Group 1: Company Overview - Kunlun Chip was established in 2011 as an internal business unit of Baidu, initially to support Baidu's search operations [1] - The subsidiary began developing self-designed chips in 2018 and launched its first-generation Kunlun chip in 2020 [1] - In 2021, Baidu spun off Kunlun Chip and completed its first round of financing, achieving a valuation of $2 billion [1]