证券时报·2026-01-03 00:34Market Overview - The US stock market showed mixed results with the Dow Jones Industrial Average rising by 0.66% to close at 48,382.39 points, while the S&P 500 increased by 0.19% to 6,858.47 points, and the Nasdaq fell by 0.03% to 23,235.63 points. For the week, the Dow Jones decreased by 0.67%, the S&P 500 by 1.03%, and the Nasdaq by 1.52% [1][2] Sector Performance - In the S&P 500, eight out of eleven sectors saw gains, with the Energy and Industrial sectors leading with increases of 2.09% and 1.88%, respectively. Conversely, the Consumer Discretionary and Communication Services sectors lagged, declining by 1.14% and 0.38% [5] Semiconductor Sector - The semiconductor sector experienced a significant surge, with the Philadelphia Semiconductor Index rising over 4%. Notable individual stock performances included Micron Technology increasing by over 10%, ASML and Lam Research both rising over 8%, and Intel gaining over 6% [5][6] Chinese Stocks - Chinese stocks saw a general increase, with the Nasdaq China Golden Dragon Index rising by 4.38%. Baidu Group led the gains with an increase of over 15%, followed by other companies such as Semiconductor Manufacturing International Corporation and NIO [2][8] Baidu's IPO Plans - Baidu announced plans to spin off its Kunlun Chip business and apply for an IPO in Hong Kong. The Kunlun Chip, a leading AI computing chip supplier, aims to enhance its market presence. The company was valued at approximately 13 billion yuan during its last funding round in April 2021 [7][8]