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Latest / Chips, compute and energy

ReportComputeFrontierChinaConfirmed

Chinese chip firms flag profit surge on AI infrastructure demand

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Source: South China Morning Post

Chinese chip and tech firms have flagged growth of up to six-fold in unaudited third-quarter profits, as demand for home-grown processors and AI infrastructure rises. Shanghai-listed Yuanjie Semiconductor Technology expects third-quarter net profit of 403 million to 453 million yuan, up 579 to 660 per cent from a year earlier. The laser chip maker said data-centre demand was driving shipments. GPU designer MetaX, listed in Shanghai and possibly listing soon in Hong Kong, said it turned a profit in the first nine months on more orders.

Why it matters

Chinese chip firms are reporting higher profits from domestic demand for processors and AI infrastructure, amid the country’s push for self-reliance.

When
16 Oct 2026
ID
WTA-N-2026-0309
Where
China
Who
Yuanjie Semiconductor Technology, MetaX

Summary by wheresthe.ai, from South China Morning Post. Checked against the source on 16 Oct 2026.

Read the original at South China Morning Post

Source copy: download the page text as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Cite this story

WTA-N-2026-0309: “Chinese chip firms flag profit surge on AI infrastructure demand.” wheresthe.ai, 16 Oct 2026. https://wheresthe.ai/d/cn-chinese-chip-firms-flag-profit-surge-on-ai-infrastructure-2026-10/ (source: South China Morning Post).

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