Baidu surpasses revenue expectations, tackles AI Chip obstacles amidst U.S. export restrictions
Baidu Reports Strong Q3 Performance, Exceeding Expectations Chinese tech giant Baidu has announced a robust third-quarter performance, with a 6% increase in revenue to 34.45 billion yuan ($5.44 billion). This surpasses analysts' expectations and has propelled U.S.-listed shares up by 1.8% in morning trading. The company's adjusted net income also showed a healthy 23% rise to […]