China's AI boom drives up to 660% profit surges for domestic chip firms; GPU maker MetaX turns profitable
pstAsiatech · x · 2026-10-16
Chinese chip firms are reporting huge unaudited Q3 profit gains as demand for home-grown processors and AI infrastructure surges amid the country's self-sufficiency push.
- Yuanjie Semiconductor (Shanghai-listed, optical laser chips) expects quarterly net profit of 403–453 million yuan, up 579%–660% YoY, citing data-center demand for shipments and high margins.
- MetaX, a Shanghai-listed GPU designer that may soon list in Hong Kong, says it turned profitable in the first nine months on rising orders.
- The poster expects major capacity expansion at advanced nodes to benefit all new GPU makers.
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