Chinese AI chip leaders report nearly 2,000% revenue growth amid supply shortages

ME News report, August 31 (UTC+8), Beating AI Brief: In August this year, China’s leading AI chip companies released their interim financial reports in quick succession. Last Friday, Biren Technology reported revenue growth of nearly 20 times. Additionally, other top firms such as Cambricon and Moore Threads also achieved substantial revenue increases. This surge in performance reflects the severe shortage of high-end computing power. Currently, the supply side of high-end computing power is experiencing shortages across the entire chain, with some companies’ orders already booked up to three years in advance—a clear indicator of the current market’s intense demand. Not only are resources at downstream intelligent computing centers in short supply, but midstream system integration segments are also seeing a flood of orders. According to industry research data, China’s demand for AI chips in 2026 is projected to reach approximately 4 million units, while actual deliveries are expected to be around 3 million units, leaving a capacity gap of over one million units. The industry generally agrees that domestic chips are currently in a strong upward cycle in the high-end AI chip market. Recently, multiple domestic chip companies have released their financial reports, all showing signs of collective explosive growth. (Source: BlockBeats)