Why Baidu’s Quiet Spin-Off Could Unlock a Major Re-Rating

Baidu logo glows inside a data center with AI data streams, highlighting China’s AI development. Key Points Baidu is unlocking significant shareholder value by spinning off its hardware division as an independent, publicly traded entity. The new subsidiary is uniquely positioned to supply high-performance computing chips to a domestic market cut off from foreign suppliers. Moving the hardware business to a separate entity improves capital efficiency and allows the core search business to focus on profi ...