A sudden flood of blacklisted Chinese chipmakers in both the GPU and CPU arenas are preparing to IPO over the coming months. The development comes as the rise of AI and U.S. sanctions against China's semiconductor and supercomputer sectors have had a drastic effect on the development of China's semiconductor industry.
On the one hand, companies like Huawei initiated projects to develop advanced fab tools that could eventually replace equipment produced in the U.S. and Europe. On the other hand, over half a dozen GPU companies emerged to develop processors for AI and gaming. Coincidentally, they are all looking forward to going public and making plans for their IPOs.
There are multiple private GPU developers in China, including Biren Technology, DenglinAI, Innosilicon, Illuvatar CoreX (Tianshu Zhixin), MetaX Technology, Moore Threads, and Zhaoxin. Some of these companies — Innosilicon, Moore Threads, and Zhaoxin — are formally focused on gaming GPUs (though it does not mean that their GPUs cannot be used for AI or other data center applications), others — Biren, DenglinAI, Illuvatar CoreX, and MetaX — primarily develop processors for AI and supercomputer applications.
