China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses

Source: Tech – South China Morning PostChina’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 as investors digested the financial updates.
MetaX Integrated Circuits saw its Shanghai-listed stock rise 1.4 per cent to 684.5 yuan by the midday break after reporting a swing to profitability late on…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy