The Chinese AI chip giant saw revenue reach 6 billion yuan in the first half of the year, as Beijing pushes to replace foreign hardware.
Nvidia supplier to invest at least US$444 million in plant for ‘AI high-end electronic circuit smart manufacturing’ in southern city Huizhou.
The move comes just a day after Beijing imposed sanctions on a string of US firms and tightened controls over the drone supply chain.
In viral interview, Liao Heng talks navigating US curbs to make Ascend processors, placing innovation over nanometres for chip self-reliance.
5 Aug 2026 - 5:49AM videocam
Revised rules sharpen penalties and expand rights, underscoring Beijing’s strategy to build resilience across semiconductor and AI ecosystem.
In July alone, Situational Awareness, which bet heavily on the AI supply chain, reportedly saw its portfolio value plummet 67 per cent.
Initiative reflects push to retain core talent amid intensifying competition to develop and commercialise domestic AI chips.
29 Jul 2026 - 4:25PM videocam
Dutch leader’s dominance in chipmaking gear not at risk amid China’s lithography push – unless the US steps in.
Surge marks a stark contrast with the same period last year, when AI had yet to trigger the massive global data centre buildout.
Tech firms are racing to build colossal clusters for next-gen AI, but cost, power and scale remain challenges.
Company founder Ren Zhengfei says the new framework is crucial for survival, enabling chip advancements without EUV lithography.
Firm’s year-end listing plan underscores China’s chip self-reliance and follows Biren, Iluvatar and Moore Threads in the fundraising rush.
ABot framework addresses industry’s lack of a complete, self-evolving system to improve robot capabilities, according to Amap.
Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits.
22 Jul 2026 - 8:00PM videocam
SCMP’s Ann Cao just finished covering her sixth WAIC in Shanghai, and is looking forward to the next one.
22 Jul 2026 - 6:05PM videocam
AI’s true commercial value will shift towards a ‘task economy’ where users pay for completed, complex tasks, says Xu Li.
Top AI summit spotlights race to embed autonomous digital workers into everyday business operations.
The firm’s chip unit T-Head aims to lower migration barriers to Zhenwu AI computing architectures, following similar initiatives by Huawei and Moore Threads.
The firm uses near-packaged optics to bypass traditional architecture limits and scale more than 1,000 processor cards across a cluster.
18 Jul 2026 - 4:00PM videocam
Moore Threads and Hygon are capitalising on surging demand for AI computing power as they race to fill the void left by Washington’s export controls.
With artificially intelligent agents set to become our interface with the digital world, Chinese tech platforms are embedding them and launching AI-native products.
Custom silicon allows for hardware optimisation tailored to specific architectures, such as the DeepSeek-R1 model.
GLM-5.2 model developer Zhipu AI is seeking to raise HK$31.4 billion, while chipmaker Iluvatar CoreX is targeting HK$7.1 billion.
Hundreds of millions of dollars invested in high-end plants as more than 20 PCB makers disclose aggressive expansion plans.
New perception model for embodied AI surpasses dominant rival from Meta Platforms at smaller scale with less training, firm claims.
Ruling gives Chinese firm temporary relief in closely watched legal battle that could decide whether Pentagon blacklist is legitimate.
7 Jul 2026 - 1:34AM videocam
The company says 60 per cent of the fresh capital will be for commercialisation and mass production of next generation general-purpose GPUs.
Dongfang Suanxin is headed by Wei Shaojun, who is also vice-president of the China Semiconductor Industry Association.
Fears of AI hardware glut not warranted, as ‘Meta’s data centre and compute procurement will accelerate, not slow down’, SemiAnalysis says.
Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.