DEEPX has entered a strategic partnership with Baidu to advance the global adoption of on-device AI solutions in industries such as drones, robotics, and optical character recognition (OCR). This collaboration centers on integrating DEEPX's low-power AI semiconductor technology with Baidu's open-source deep learning framework, PaddlePaddle, through which they will co-develop and promote AI models across varied applications. Baidu's PaddlePaddle, a key AI platform in China, is notable for its comprehensive toolset that spans from AI model development to deployment, supporting a wide array of industries. DEEPX's AI chips, starting with the DX-M1, have already demonstrated high efficiency and performance with Baidu's models, and plans are underway to further integrate and commercialize AI technologies within the robotics and drone sectors. The partnership aims to enhance the practical applicability of AI models and expand their reach to more companies globally.

Elsewhere in the market, Micron Technology (NasdaqGS:MU) was a notable mover up 6.3% and closing at $118.89. Meanwhile, Microchip Technology (NasdaqGS:MCHP) softened, down 6.6% to end trading at $61.87.

Micron Technology's strategic pivot to high-margin memory products is driving robust growth opportunities amidst strong AI demand. Click here to explore the full narrative on how this positions Micron for potential gains.

Don't miss our previous Market Insights article on AI Chips, where we explored agentic AI's dual impact on productivity and employment.

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• NVIDIA (NasdaqGS:NVDA) settled at $182.70 up 1.1%, close to the 52-week high.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "DEEPX and Baidu Form AI Ecosystem Partnership to Accelerate Global On-Device AI Projects in Drones, Robotics, and OCR" from DEEPX on GlobeNewswire (published 11 August 2025)

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