针对近日关于百度旗下AI芯片公司昆仑芯正在筹备分拆赴香港独立IPO上市的传闻，百度于12月7日发 布公告进行了回应。 受此消息影响，12月5日港股收盘时，百度港股大涨5.01%，最新股价定格在121.60港元。 百度表示，本公司注意到，于2025年12月5日有媒体报道本公司拟分拆非全资附属公司昆仑芯（北京） 科技有限公司进行独立上市（「拟议分拆及上市」）。本公司谨此澄清，目前正就拟议分拆及上市进行 评估。倘进行拟议分拆及上市，将须经相关监管审批程序，而本公司并不保证拟议分拆及上市将会进 行。 摩根士丹利此前发布的研究报告称，百度自研的AI芯片收入将从今年的13亿元暴涨到明年的83亿元， 增长6倍之多，带动百度的GPU计算收入在2026年翻倍。 大摩还上调了百度的目标股价到188美元，看好百度的理由就是其转型AI的速度和规模都被低估了，明 年就会有一波爆发。 目前，百度也已经明确转向AI优先的业务模式，其AI云业务已经占到百度核心业务收入的1/4左右，成 为主要的增长引擎。 此前报道： 近日，有接近百度昆仑芯投资人向媒体透露，百度旗下昆仑芯原本曾准备筹备在科创板上市，但在与多 家券商进行沟通后，其上市方向发生转 ...

Core Viewpoint - Baidu Intelligent Cloud has emerged as a leader in the AI cloud market, leveraging its technological advantages and market performance to drive innovation and transformation across various industries [1][13]. Group 1: Technological Foundation - Baidu Intelligent Cloud has established a solid technological foundation as a pioneer in AI cloud in China, with significant achievements in technological innovation [2]. - The self-developed Kunlun AI chip enhances computing efficiency and performance for its intelligent cloud services [2]. - Baidu Intelligent Cloud boasts a bandwidth of 100T and nearly a thousand edge nodes, ensuring efficient and stable data transmission [4]. - The data centers are strategically located across multiple regions, including the largest single data center in Asia located in Yangquan, providing robust support for massive data storage and processing [4]. Group 2: Market Performance - Baidu Intelligent Cloud has consistently ranked first in market share, holding 24.6% of the Chinese AI public cloud service market, according to IDC's report [6]. - The company has maintained its position as the market leader for six consecutive years, reflecting its strong competitive edge [6][7]. - In 2025, Baidu Intelligent Cloud achieved the highest number of bids and bid amounts in the Chinese market for large models, further solidifying its industry-leading status [9]. Group 3: Industry Empowerment - Baidu Intelligent Cloud actively supports various industries in their intelligent transformation by providing advanced technologies and solutions [10][12]. - The company has collaborated with major players in finance, energy, urban management, healthcare, and entertainment to enhance operational efficiency and service quality [10][12]. - Notable partnerships include the launch of the first virtual employee in banking with Shanghai Pudong Development Bank and strategic cooperation with Southern Power Grid for intelligent development in the energy sector [10][12]. Group 4: Future Outlook - With the ongoing digitalization and intelligentization, Baidu Intelligent Cloud is expected to continue leveraging its technological and market advantages to create more value in the intelligent cloud sector [16][18]. - The company aims to transform its technological strengths into acceleration for industry upgrades, moving from resource selling to value creation in cloud computing [17][18].