Finance

Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX

Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’

S
SCMP Business
2026年4月29日·1 分钟阅读
Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX

Image: SCMP Business

Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power.

Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...

原文

Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX

发布者 SCMP Business

阅读完整文章