Once touted as China’s Nvidia, Xiangdixian Computing Technology (XCT) is undergoing massive financial woes. Development of national GPU has not yet fully met the company’s expectations and is facing specific market adjustment pressures,” the company said. Nevertheless, The Register reports that the possibility of the company closing its doors is still possible.
The company already produces two desktop and one workstation GPU models, all based on its own Tianjun chip. Despite that, there have been rumors that the company has shut down, forcing it to release a statement that says otherwise. The news comes amidst a massive layoff within the company, although its core R&D and operations staff remain on board, which are crucial for GPU development.
