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China’s chipmakers pour revenue into R&D, outpacing US ratios
NOTICIA
06.05.2026

China’s chipmakers pour revenue into R&D, outpacing US ratios

China’s chip champions channelled a larger proportion of revenue into research and development (R&D) than their US peers, first-quarter earnings show, as Beijing presses ahead with its tech self-reliance drive amid an artificial intelligence boom. Beijing-based Moore Threads spent half of its revenue on R&D in the quarter ended March 2026, while Shanghai-based MetaX spent 45 per cent over the same period, according to exchange filings. By contrast, US chipmakers such as AMD and Intel have...

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SCMP Economy
Chinese GPU Maker Moore Threads Posts Q1 Profit on Surging Domestic Demand
NOTICIA
27.04.2026Resumen IA

Chinese GPU Maker Moore Threads Posts Q1 Profit on Surging Domestic Demand

Moore Threads Technology, a Chinese GPU challenger to Nvidia, reported a Q1 2026 net profit of 29.4 million yuan, reversing a year-earlier loss of 112.5 million yuan. Quarterly revenue surged 155% to 737.6 million yuan, driven by domestic computing demand amid Beijing's chip self-sufficiency push. The company disclosed a 660 million yuan order for its KUAE computing cluster at end-March.

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SCMP Tech