According to Reuters, Huawei expects its 2026 AI chip revenue to reach approximately $12 billion, representing at least a 60% increase from $7.5 billion in 2025. Most of this year's orders are for the Ascend 950PR processor, which entered mass production in March. The company plans to launch an

According to Samsung Electronics, the company's chip division operating profit surged 49-fold in the first quarter of 2026 to a record 53.7 trillion won ($36.15 billion), up from 1.1 trillion won a year earlier, on April 30. The memory chip boom was driven by accelerating AI data center

Hong Kong's Hang Seng Index fell 1.28% on April 30, while the Hang Seng Tech Index declined 0.79% at market close. Chip stocks bucked the broader decline, with Birentech rising over 8%, SMIC up over 7%, and Huahong Semiconductor gaining over 5%. Tech stocks weakened, including Alibaba down over 3%,

According to Odaily星球日报, Cambricon stock surged nearly 13% intraday on April 30, hitting a record high of 1,595.88 yuan per share and pushing its market cap past 670 billion yuan. The chip designer has reclaimed its position as the A-stock market's top-performing newly listed stock, surpassing

According to Bloomberg, Cambricon Technologies' first-quarter revenue rose to 2.9 billion yuan ($421 million) from 1.1 billion yuan ($162 million) a year earlier, while net income increased to 1 billion yuan ($148 million) from 356 million yuan ($52.1 million). The Chinese AI chipmaker is

According to BlockBeats, Samsung Electronics' first-quarter operating profit surged 756.1% year-over-year to 57.23 trillion won (approximately $38.5 billion) on April 30, marking a record quarterly high driven primarily by chip business gains. Revenue climbed 69.2% to 133.87 trillion won,

Gate News message, April 29 — Taiwan Semiconductor Manufacturing Company (TSMC) sold its remaining stake in Arm Holdings for approximately $231 million on April 28 and 29, according to a company filing. The sale marks TSMC's complete exit from its investment in the British chip designer's 2023

Gate News message, April 29 — OpenAI models running on Amazon Web Services' Bedrock will gradually migrate to Trainium, Amazon's custom-designed AI chip, according to recent remarks from OpenAI CEO Sam Altman and AWS executives. Currently, models operate in a mixed environment using both GPUs and Tr

Gate News message, April 28 — Chinese venture capital firms have recently adopted parallel fund structures to raise capital from US investors while circumventing Washington's outbound investment restrictions on Chinese AI and advanced chip sectors. ZhenFund, a Beijing-based early-stage investor, es

Gate News message, April 28 — Chinese chipmaker Montage Technology reported first-quarter net profit of 847.4 million yuan (approximately $124 million), a 61% year-on-year increase that beat analyst expectations of 706.3 million yuan ($103 million) and marked the company's highest quarterly