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Event Brief

Alibaba, Baidu IPO Plans Boost China's AI Chip Sector

Alibaba and Baidu aim to list AI chip units, intensifying competition against Nvidia in China's semiconductor market.
WHO: Alibaba Group Holding, Baidu
WHAT: IPO plans for semiconductor design units
WHEN: Jan 23, 2026 at 10:00 PM ET
WHERE: China
WHY: To enhance competition in AI chip market and meet domestic demand

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