Chips & Compute

Monday, October 26, 2026

CHIPS & COMPUTEGEOPOLITICS
US Think Tank Says China’s AI Compute Could Nearly Double by 2027
The Institute for Progress expects about 65% of China’s end-2027 compute to run on US chips, with rented overseas cloud capacity growing fastest.
CHIPS & COMPUTEMARKETS
Memory Maker Techwinsemi’s Nine-Month Profit Hits RMB8.75 Billion as China Chip Earnings Surge
Third-quarter net profit of RMB2.73 billion was nearly four times the Shenzhen storage company’s RMB688 million profit for the whole of 2025.
CHIPS & COMPUTEMARKETS
Nvidia’s RTX 5090 Tops RMB50,000 in Shenzhen as Supply Fears Meet AI Demand
Huaqiangbei dealers quoted RMB51,000 to RMB60,000 for the card from October 23 to 25, more than three times its launch price of about RMB15,000 to RMB16,000.
CHIPS & COMPUTEFUNDING
China GPU Maker Denglin Passes Hong Kong Listing Hearing as Revenue Climbs
Revenue of about RMB200 million for January to April 2026 already beats all of 2025, with a 50.9% gross margin and a RMB16.47 million net loss.

CHIPS & COMPUTEMARKETS
China AI Chipmaker Cambricon’s Q3 Profit Jumps 148% as Inventory Climbs to RMB11.7 Billion
Quarterly revenue more than doubled to RMB3.53 billion, while operating cash flow turned negative as the company kept stockpiling materials.
CHIPS & COMPUTEPOLICY
China’s Five-Year Informatization Plan Pushes Advanced Chipmaking and Embodied AI
The Central Cyberspace Affairs Commission’s 2026–2030 plan sets 12 targets, including lifting smart terminal and AI agent adoption from 40% to over 90%.

CHIPS & COMPUTEMODELS
iFlytek Launches Spark X2.6, Saying It Was Trained Entirely on Chinese Compute
The model is priced at RMB0.9 per million input tokens for a limited time, and a 4-billion-parameter edge version is already on Hugging Face.
CHIPS & COMPUTEMARKETS
China’s JCET Lifts 2026 Investment Plan to RMB18.2 Billion as Q3 Profit Rises 60%
The chip packager’s computing-electronics revenue grew 54% in nine months and now makes up 30.9% of sales, as fixed-asset spending rises to RMB17.31 billion.

CHIPS & COMPUTEGEOPOLITICS
Samsung and SK Hynix Upgrade China NAND Plants as YMTC Takes Market Lead
Samsung’s Xi’an plant, about 40% of its NAND output, is moving to 286-layer chips with a 40,000-wafer monthly target for December 2027, sources told Reuters.
CHIPS & COMPUTEMARKETS
Optical-Chip Maker Shijia Photons More Than Triples Q3 Profit on AI Data-Center Demand
Third-quarter revenue rose 116% to RMB1.227 billion, yet the STAR-listed supplier burned RMB439 million in operating cash over nine months.

CHIPS & COMPUTEBIG TECH
ByteDance, Alibaba and Tencent Order Over US$35 Billion of Nvidia’s RTX PRO 5500
The three groups want more than 3 million of the workstation cards, but Nvidia has told partners they may receive only 5% to 10% of what they requested.
CHIPS & COMPUTEMODELS
DeepSeek Open-Sources DeepInfer, the Engine Behind Its API, With Huawei Ascend Support
The Apache 2.0 release runs DeepSeek-V4.1-Flash on Nvidia Blackwell and Huawei Ascend 950 chips, and DeepSeek disclosed US$38 of revenue per GPU-hour.
CHIPS & COMPUTEBIG TECH
Alibaba’s DAMO Academy Unveils XuanTie E908A RISC-V Chip Design for Cars
DAMO says the design meets the ASIL-B and ASIL-D safety levels, and it plans a C950A self-driving chip targeting five times current RISC-V car performance.

CHIPS & COMPUTEMARKETS
China’s Sharetronic Lands AI Compute Cloud Deal Worth up to RMB37.49 Billion
An unnamed customer can order up to three times Sharetronic’s 2025 revenue in compute services, billed monthly over 60-month terms after acceptance.
CHIPS & COMPUTEMARKETS
China’s Digital Manufacturing Drove a Third of Industrial Growth as Chip Output Jumped
Integrated-circuit output rose 23.3% in the first nine months and chip-making value added jumped 79.2%, as GDP grew 4.5% in the third quarter.
CHIPS & COMPUTEFUNDING
AGIBOT Backs Tsinghua-Linked RISC-V Chipmaker Xinji Wuxian in Pre-A Round
The Shanghai chip designer will put the new money into RISC-V processors for robots, after selling over 1 million motor-control chips to carmakers.
CHIPS & COMPUTEFUNDING
Bosch Ventures and miHoYo Back Chinese Memory-Chip Startup MemSilicon’s Push Into AI Inference
The Beijing RRAM developer raised over RMB400 million in a Series A led by Boyuan Capital and named former Graphcore China chief Lu Tao as its CEO.

CHIPS & COMPUTEMARKETS
Hygon and Sugon lead China tech buyback proposals worth up to RMB2.4 billion
Five chip and computing companies filed plans on October 18 after a week in which the ChiNext index fell 8.9% and the Shenzhen Component lost 6.64%.
CHIPS & COMPUTEMARKETS
CXMT’s profit forecast leads an AI-driven wave of upbeat A-share earnings
Of 159 A-share companies with third-quarter forecasts out by October 18, 132 expect better results and 37 credit AI demand, by one newspaper’s count.
CHIPS & COMPUTEMARKETS
Apple supplier Luxshare leans on AI data-center hardware as profit trails sales
Luxshare’s first-half revenue rose 40% to RMB174.5 billion while net profit grew 18%; its data-center unit’s sales rose nearly 50% to RMB16.6 billion.