China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses
This story is from 2026-08-31. It is preserved in the archive; the latest stories are on the live feed.
China’s home-grown artificial intelligence chipmakers are starting to cash in on Beijing’s self-reliance drive, but a fresh wave of first-half earnings reveals a stark divide between the industry’s rising profit stars and loss-making players. Shares of Chinese AI chipmakers traded mixed on Monday a…
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- 2026-08-31 06:30 · South China Morning Post Tech
China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses
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