AI Boom Mints Another Chinese Billionaire as MetaX Soars 693%

In the span of just a few days, another billionaire has emerged from a Chinese chipmaker, following a familiar playbook: learn from an industry giant, strike out alone and push through fraught US-China geopolitics.

Five years ago, Chen Weiliang walked away from a 14-year career and top executive role at Advanced Micro Devices Inc. to focus on his own chip startup.