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Baidu admits it may never get leading-edge GPUs again

theregister.com Chinese web giant Baidu has told investors its long-term planning assumes it won't be able to access leading-edge GPUs, but that it can beat local rivals with its superior…

Why Baidu, Alibaba, and Other Chinese Stocks Sank on Wednesday

finance.yahoo.com Stocks of some of China's most widely held companies were sinking in unison on Wednesday, with several catalysts sending them lower. One company delivered a disappointing…

Baidu Stock Falls On Mixed Q4; Chinese Search Giant Eyes AI Growth

investors.com Chinese tech giant Baidu (BIDU) early Wednesday posted fourth-quarters results that topped estimates for earnings, with revenue just below consensus expectations.…

What Q4 Baidu Earnings Say About the Outlook for BIDU Stock

investorplace.com Baidu (NASDAQ:BIDU) stock is in the red after the Chinese search engine and artificial intelligence ( ) company reported fourth-quarter earnings. For the period, revenue…

Baidu’s Profit Halves After AI Spending Erodes Bottom Line

finance.yahoo.com Baidu Inc.’s profit plunged a worse-than-anticipated 48%, underscoring the growing costs of training and developing AI to fend off challengers in the burgeoning arena. •…

Baidu’s Revenue Climbs after AI Helps it Weather China Downturn

finance.yahoo.com Baidu Inc.’s revenue rose 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn. • None…

China's Lenovo posts Q3 revenue growth, beats analyst estimates

aol.com China's Lenovo Group, the world's largest maker of personal computers, on Thursday reported October-December revenue of $15.72 billion, up 3% from the same period a year…

Wall Street Favorites: 3 AI Stocks With Strong Buy Ratings for February 2024

investorplace.com AI stocks with “Strong Buy” ratings are likely to become the major investment theme this year, similar to 2023. AI emerged out of nowhere to rock the world last year,…

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