{
  "id": 4587679,
  "title": "China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses",
  "url": "https://urgent.news/2026/08/31/chinas-ai-chip-drive-metax-and-iluvatar-swing-to-profit-as-biren-4587679",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T06:30:24.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/tech/big-tech/article/3365812/metax-swings-profit-chinese-ai-chipmakers-report-diverging-first-half-results"
  },
  "original_language": "en",
  "account": null,
  "summary": "China’s home-grown artificial intelligence chipmakers are starting to cash in on Beijing’s self-reliance drive, but a fresh wave of first-half earnings reveals a stark divide between the industry’s rising profit stars and loss-making players. Shares of Chinese AI chipmakers traded mixed on Monday as investors digested the financial updates. MetaX Integrated Circuits saw its Shanghai-listed stock…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "AI and robotics drive an IPO boom in China as Shein lists in Hong Kong",
        "url": "https://urgent.news/2026/08/31/ai-and-robotics-drive-an-ipo-boom-in-china-as-shein-lists-in-hong-kong-4569956",
        "published": "2026-08-31T04:15:39.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "AI and robotics drive an IPO boom in China as Shein lists in Hong Kong",
        "url": "https://urgent.news/2026/08/31/ai-and-robotics-drive-an-ipo-boom-in-china-as-shein-lists-in-hong-kong",
        "published": "2026-08-31T04:18:01.000Z"
      },
      {
        "outlet": "SCMP Tech",
        "title": "China’s AI chip drive: MetaX and Iluvatar swing to profit, as Biren narrows losses",
        "url": "https://urgent.news/2026/08/31/chinas-ai-chip-drive-metax-and-iluvatar-swing-to-profit-as-biren",
        "published": "2026-08-31T06:30:24.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "China, Hong Kong stocks fall on weak economic data, new property rules",
        "url": "https://urgent.news/2026/08/31/china-hong-kong-stocks-fall-on-weak-economic-data-new-property-rules",
        "published": "2026-08-31T06:32:33.000Z"
      },
      {
        "outlet": "The Japan News by The Yomiuri Shimbun",
        "title": "AI and Robotics Drive an IPO Boom in China as Shein Lists in Hong Kong",
        "url": "https://urgent.news/2026/08/31/ai-and-robotics-drive-an-ipo-boom-in-china-as-shein-lists-in-hong-kong-4584052",
        "published": "2026-08-31T06:37:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}