China’s AI chip industry shows signs of strain as two key players look like they might be in trouble

As US chip export sanctions continue to be enforced, there are signs that the Chinese AI chip industry may be feeling the strain. Two of the country’s leading chip manufacturers and designers are showing signs of struggle, and as the restrictions continue to put the squeeze on China’s chip manufacturing and development sector, it seems that the industry may be feeling the effects.

The CEO and co-founder of Chinese AI GPU manufacturer Biren Technology, Xu Lingjie, has recently resigned (via Tom’s Hardware), while Cambricon, a leading AI chip developer considered to be a key player within the industry, has been laying off staff since last summer, with its market value said to have nearly halved since it went public in 2020. 

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By asm3a