MetaX’s Sales More Than Double on Chinese AI Chip Demand
Chips exhibited by MetaX Integrated Circuits in Shanghai.
Photographer: WEI/Feature China/Future Publishing/Getty ImagesMetaX Integrated Circuits Shanghai Co.’s full-year revenue more than doubled, driven by robust domestic artificial intelligence demand while Nvidia Corp. is squeezed out of the Chinese market.
Revenue rose to 1.6 billion yuan ($232 million) in 2025 from 743 million yuan a year earlier, according to a Thursday filing. Losses for the same period narrowed to 779 million yuan. This is the first time the Shanghai-based chip firm has released earnings since its December initial public offering.