Advertisement
Advertisement
TOPIC
 / company

MetaX Integrated Circuits (Shanghai) Company

(沐曦集成电路(上海)有限公司)

Related Topics:
MetaX Integrated Circuits (Shanghai) Company
沐曦集成电路(上海)有限公司
MetaX is a Shanghai-based producer of general-purpose graphics processing units (GPUs) used for artificial intelligence. It was established in 2020 by former employees of AMD. MetaX's MXN series of GPUs are used for AI inference, the MXC series is used for AI trading and general computing, while the MXG series is used for graphics rendering.
Biren Technology chairman and CEO Zhang Wen at the company’s listing ceremony in Hong Kong, January 2, 2026. Photo: Jonathan Wong
Semiconductors

China’s Biren seeks US$900m to fund GPU push and challenge Nvidia

The company says 60 per cent of the fresh capital will be for commercialisation and mass production of next generation general-purpose GPUs.

Semiconductors

As ByteDance goes all in on AI, are Chinese chip start-ups poised to win big?

Semiconductors

Cambricon vaults to China’s costliest stock after profits soar 185% amid AI boom

Moore Threads

Moore Threads posts US$4.3m profit as Nvidia rival surges amid Beijing chip push

Beijing-based GPU maker turns a corner in the first quarter of 2026 after posting a US$16.5 million loss a year earlier.

The stock price of Moore Threads is displayed on a smartphone. Photo: CFOTO/Future Publishing via Getty Images
Semiconductors

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent.

IPO

Will Chinese AI chip designer Enflame’s Shanghai IPO be another blockbuster?

Tencent-backed Enflame’s listing on the Star Market could follow successful recent flotations from peers Moore Threads, MetaX and Biren.

Advertisement
Advertisement
Advertisement
Semiconductors

Profits rise for China’s semiconductor firms on AI boom, tech self-reliance push

Domestic A-share companies in the sector are forecast to achieve substantial growth in their 2025 results, according to Donghai Securities.

The results reflect investors’ sharpened focus on stocks related to integrated circuits, semiconductor manufacturing equipment and storage solutions. Photo: Shutterstock
Semiconductors

Alibaba, Baidu’s IPO plans for AI chip units bolster China’s self-reliance drive

Alibaba’s T-Head and Baidu’s Kunlunxin intensify competition to unseat Nvidia as China’s top supplier of high-performance AI chips.

Artificial intelligence

Chinese AI chipmaker Moore Threads set to report tripling of revenue

AI chipmakers have emerged as the most valuable companies in China’s AI field as the country pushes for chips that rival Nvidia’s.

11
IPO

China’s stock rally on AI optimism to stretch fundraising frenzy in 2026

Tech companies on Shanghai, Shenzhen exchanges now trade nearly 40 per cent above the Nasdaq 100, boosting the appeal of going public.

People walk near a screen displaying stock exchange and economic data in Shanghai on January 6, 2026. Photo: EPA
IPO

China’s Zhipu AI launches US$560 million share sale amid heated IPO tech race

The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong’s first large language model listing.

Zhipu AI is moving closer to becoming the first large language model developer listed in Hong Kong. Photo: Shutterstock
IPO

Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.

videocam
Artificial intelligence

SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

The Chinese AI pioneer also releases first robot dogs under new venture Ace Robotics.

Mainland China

MetaX stock soars 700% in Shanghai debut as traders snap up Chinese GPU maker

MetaX closes at 829.90 yuan on Wednesday, from its IPO price of 104.66 yuan, after gaining as much as 755 per cent in intraday trading.

People learn about the AI computing power cabinet equipped with MetaX C600 general-purpose GPU chip at the 2025 World Artificial Intelligence Conference in Shanghai. Photo: Getty
IPO

Biren Technology’s Hong Kong IPO gets go-ahead from Beijing

Shanghai-based Biren plans to float about 372 million shares on the Hong Kong stock exchange.

Biren Technology is expected to raise about US$300 million from its Hong Kong listing, according to Chinese media reports. Photo: Handout
IPO

MetaX set for Shanghai debut amid frenzy over AI chip stocks, Nvidia uncertainty

The Shanghai-based graphics processing unit designer plans to raise US$596 million from the sale of 40.1 million shares.

United States

China’s AI sector poised for growth despite US restrictions: venture capitalist

China’s AI sector gains confidence with DeepSeek’s emergence, but tech ecosystem needs to improve, GSR United Capital’s Zhou Qi says.

Advertisement
Advertisement
Advertisement
Artificial intelligence

China AI chipmaker MetaX draws more IPO investors than Moore Threads

More than 5 million investors vied for allotments in the chipmaker’s share offering, which aims to raise US$594 million.

videocam
Founded in 2020, MetaX is viewed as one of China’s best hopes to develop chips that can rival Nvidia’s high-performance AI processors. Photo: Handout
Artificial intelligence

China’s top AI chip firms set for bumper IPOs as Nvidia kept out of market

Shanghai-based MetaX set its IPO pricing at 104.66 yuan, according to a company filing on Wednesday.

Artificial intelligence

MetaX, backed by AMD veterans, enters spotlight with Shanghai listing

Shanghai-based MetaX has won approval to list on the city’s Star Market as China ramps up efforts to build its AI chip ecosystem.

Science

‘Brain-like’ AI uses Chinese chips to run 100 times faster on ultra-long tasks

SpikingBrain 1.0 mimics how the human brain fires only the neurons it needs, saving power and speeding up the response time, researchers say.

videocam
16
A digital rendering of a brain. (Shutterstock)
Semiconductors

Tech war: which Chinese firm is supplying next-generation AI chips to DeepSeek?

Widely speculated suppliers include Huawei, Cambricon, Moore Threads, Hygon and MetaX.

6
Speculation on China’s next-generation AI chips reflects growing confidence in the mainland’s semiconductor sector amid US tech curbs. Photo: Shutterstock
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement