CXMT IPO tests China’s state-driven chip dream
The Hefei-based DRAM maker is heading to Shanghai’s STAR Market as AI demand and geopolitical tensions bring new urgency to China’s semiconductor self-sufficiency drive Key Takeaways: CXMT’s planned 29.5 billion…
SiliconFlow’s AI ‘token factory’ dream gets $300 million vote of confidence
The startup allows other companies’ models to run across many types of chip, a neutrality that is useful in a fragmented Chinese market Key Takeaways: ● SiliconFlow has raised a…
BRIEF: GigaDevice profit skyrockets sixfold in first quarter
Integrated circuit (IC) designer GigaDevice Semiconductor Inc. (3986.HK) on Wednesday reported its revenue more than doubled year-on-year to 4.19 billion yuan ($613 million) in the first quarter, while its profit skyrocketed more…
BRIEF: ASMPT first-quarter revenue jumps, forecasts more growth
Semiconductor equipment maker ASMPT Ltd. (0522.HK) on Tuesday said its first-quarter revenue reached HK$3.97 billion ($508 million), up 32% year-on-year and 0.2% sequentially. The company’s new orders for the quarter hit…
As AI booms, ASMPT sets sights on lower-profile back-end of chip-making race
After logging a bumper year in 2025, the semiconductor equipment maker is concentrating its resources on the chip packaging process Key Takeaways: Chip equipment maker ASMPT recorded a profit of…
BRIEF: Black Sesame slips into the red on AI spending
Autonomous driving chipmaker Black Sesame International Holding Ltd. (2533.HK) announced on Thursday its revenue for 2025 exceeded 800 million yuan ($116 million), up more than 68.7% year-on-year. It said it…
BRIEF: Fortior’s strong revenue growth fails to translate to big profit gains
Chip designer Fortior Technology (Shenzhen) Co. Ltd. (1304.HK; 688279.SH) said on Monday it expects to report its revenue rose about 29% year-on-year to 774 billion yuan ($113 billion) in 2025,…
