MetaX’s Sales More Than Double on Chinese AI Chip Demand

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Chip Wars:Chips exhibited by MetaX Integrated Circuits in Shanghai.MetaX 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 filingBloomberg Terminal. 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.