EconomyChina’s AI chipmakers post first profits, but can the trend last?

Several of China’s dedicated AI chipmakers turned profitable in the third quarter, marking a milestone. Serious supply-chain obstacles and rising memory costs cloud their long-term prospects. Domestic GPU developers such as Moore Threads, MetaX and Iluvatar CoreX are racing to fill the gap left by Nvidia’s high-end processors, which face strict US export controls.

AI chipsChina techGPUssupply chains

SSouth China Morning Post★★☆☆☆2026-11-06 10:30Original