Baidu Is Poised To Make The Most Of China's AI Comeback
BIDU(BIDU) Seeking Alpha·2024-05-07 09:10
zorazhuang China may be late to the AI party. Better late than never, they say. China's AI goals are ambitious, and private companies in the country will play a key role in helping the nation achieve these goals. Baidu, Inc. (NASDAQ:BIDU) has emerged as the front-runner in China's AI space. Last November, I upgraded Baidu as I found the company very attractively valued at a time when its AI investments were beginning to yield tangible returns. Since then, Baidu stock has gained a meager 0.7% while the S ...