Cyber & Technology April 29, 2026 432 stories in this edition

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

SCMP Asia / Asia / 1m ago / Xinmei Shen
Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX

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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 soar...

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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-suffic...

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