# 成立於2018年的T-Head將重組為部分由員工持股的獨立業務。

*semiconductor · news · 2026-01-22 · South China Morning Post*

## Key points

- 阿里巴巴正準備旗下晶片設計單位T-Head進行最終的首次公開募股。
- T-Head將先重組為部分由員工持股的實體，然後才進行IPO程序。
- T-Head是阿里巴巴雲端與人工智慧基礎設施的核心，支持多晶片策略。
- 百度旗下晶片子公司昆侖芯也近期在香港申請IPO。

Alibaba Group Holding is paving the way for a listing of its wholly owned chip design unit T-Head, as a renewed frenzy to fund semiconductor development in China gathers pace, Bloomberg reported. T-Head, founded in 2018, is set to be first restructured into a separate business partly held by employees, followed by Alibaba exploring an initial public offering (IPO), Bloomberg reported citing sources, adding that the timing remained unclear. Alibaba owns the Post. Alibaba’s US-listed American depositary receipts rose more than 5 per cent in pre-market trading after the report on Thursday afternoon. Alibaba did not immediately reply to a request for comment. US investment bank Jefferies said it viewed T-Head as an extension of Alibaba’s full stack cloud infrastructure and deeply integrated with its AI infrastructure. “It pursues a multi-chip strategy and T-Head serves the needs of various business segments,” Jefferies said in a note on Thursday. Earlier this month, Baidu’s chip subsidiary Kunlunxin (Beijing) Technology confidentially filed an IPO application in Hong Kong, which helped push the company’s shares higher.

**Companies:** Alibaba Group Holding, Baidu
**Countries:** China, United States

[Read the full story on South China Morning Post](https://www.scmp.com/tech/tech-trends/article/3340882/alibaba-prepares-potential-spin-listing-chip-unit-t-head)

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