Chinese AI chipmaker Enflame Technology will open share subscriptions on September 2 for a 6 billion yuan ($892.21 million) initial public offering on Shanghai's STAR Market, according to a regulatory…
Chinese AI chipmaker Biren Technology projects first-half 2026 revenue of 1.15 billion yuan to 1.3 billion yuan, up 1,852% to 2,107% year-on-year, citing accelerating commercialisation and strong dema…
Chinese AI company Zhipu is approaching 7 million registered API users on its MaaS open platform, adding roughly 2 million since early July, and has activated more than 50,000 domestically developed A…
China's most advanced AI models are still being trained on Nvidia chips despite Beijing's push for semiconductor self-sufficiency, with industry insiders citing the high cost and complexity of switchi…
Shanghai-based AI chip startup Fangqing Technology has reportedly completed an A1 financing round at a valuation exceeding RMB 10 billion (approximately $1.4 billion), according to a report by the 21s…
At WAIC 2026, nearly every major Chinese AI hardware vendor showcased a supernode design, a sharp contrast to the previous year when Huawei stood alone. The shift follows the publication of the first …
Tech firms are racing to build colossal supernode clusters for next-generation AI, shifting competition from stand-alone chip specifications to interconnects, memory sharing, and system reliability, a…
Shanghai-based GPU designer MetaX has confidentially filed for a Hong Kong IPO with Huatai International, targeting a listing by end of 2026, as Beijing escalates pressure on domestic AI firms to aban…
Chinese GPU maker MetaX has confidentially filed for a Hong Kong IPO, targeting a listing by the end of this year, according to sources. The Shanghai-based company is working with Huatai International…
In early July 2026, Chinese AI chip companies Biren Technology and Iluvatar CoreX returned to capital markets, raising $900 million and $902 million respectively through share placements, while AI mod…
Chinese semiconductor design firm Biren Technology has unveiled next-generation 'supernode' solutions using near-packaged optics to link up to 1,024 AI chips across a single cluster, bypassing traditi…
Shanghai-based semiconductor start-up Dongfang Suanxin has unveiled an aggressive road map to challenge Nvidia's dominance in AI chips, centered on its DF1000 processor built on a 14-nanometre process…
Chinese AI and chip companies are flooding domestic markets with IPOs as US restrictions block access to New York listings. Moore Threads Technology surged 425% on its Shanghai debut, MetaX Integrated…
Chinese AI and chip companies Moore Threads, MetaX, and Biren Technology have raised billions in IPOs on the Shanghai STAR Market and Hong Kong Exchange, with first-day gains exceeding 400% and oversu…
Hong Kong Exchanges and Clearing (HKEX) raised HK$280 billion in IPO proceeds in 2025, overtaking the New York Stock Exchange to rank first globally, driven by a surge in tech listings under its revam…
Chinese AI and semiconductor stocks surged on government plans to invest $295 billion in AI data centers and anticipated index reshuffles, with Biren Technology's Hong Kong IPO soaring 120% on its fir…
ByteDance, the owner of TikTok, is spending billions on AI and shifting to domestic chips, potentially benefiting second-tier Chinese chipmakers like Iluvatar CoreX, Biren Technology, and others. The …