Chinese AI chip makers post sharp revenue gains as high-end compute supply stays tight

Chinese AI chip companies are reporting strong revenue growth as demand for high-end computing power continues to outpace supply. According to a BlockBeats brief citing Beating AI, several leading domestic chip firms released their half-year results in August, with Biren Technology posting nearly 20x revenue growth. Cambricon and Moore Threads were also reported to have delivered major increases in revenue. The report links the performance surge to persistent shortages across the high-end compute supply chain. It said tightness now spans the full supply side, with some companies' orders scheduled as far as three years out. The imbalance is not limited to chip vendors. Downstream intelligent computing center resources remain undersupplied, while orders are also being released intensively in the midstream system integration segment. Industry survey data cited in the report projects demand for domestic AI chips at about 4 million units in 2026, against actual deliveries of roughly 3 million units, leaving a production gap on the order of 1 million chips. The report added that many Chinese chip companies have recently posted results showing a collective breakout, and that the industry broadly sees domestic chips in high-end AI applications as being in a strong upward cycle.