Stock movement in US | Baidu (BIDU.US) rises by 5%, winning a bid for a 5.1 billion yuan large model project in the first half of the year, maintaining its top position in Baidu's intelligent cloud.
According to the Securities Times app, on Monday, Baidu (BIDU.US) rose by 5% to $90.68. The latest data shows that in the first half of 2025, large-scale projects in China have shown an explosive growth trend: there have been a total of 1810 contracted projects with an amount surpassing 6.4 billion yuan. The number of contracted projects has exceeded the total for the whole of 2024, and market demand continues to be strong. Among them, Baidu Intelligent Cloud has performed particularly well, with 48 contracted projects and a total contract amount of 5.1 billion yuan, ranking first in both categories, and continuing to lead in key industries such as finance, energy, government affairs, and manufacturing.
Latest