All items in the Chips channel.
LatePost reports Shi Yunfeng, who leads ByteDance's AI chip and DPU teams and joined in 2018, has resigned. The report says ByteDance's custom chip taped out this year but fell short of expectations and a successor is in development. TechNode did not confirm it independently and ByteDance gave no comment.
Denglin listed in Hong Kong on 10 November under Chapter 18C, raising about HK$1.415 billion, 35% of it for upgrading current GPU lines. It uses LPDDR instead of HBM for lower cost, power and supply-chain risk, targets enterprise private clouds and edge inference, and plans a first Minsky IV version in December.
SCMP says demand for domestic AI infrastructure drove an 82% profit rise at China's top chipmaker, which expects the computing crunch to last until 2028 and flags that the Nvidia turmoil risks tighter chip curbs. Check the company filing for the exact reporting period and revenue.
Youa Shares' plan to buy 100% of Shenzhen Shangyangtong was cleared on 12 November at RMB 1.58 billion, of which RMB 506 million is cash and the rest new shares, with up to RMB 550 million of supporting funds. Local media note the price is well below the target's last post-money valuation of RMB 5.08 billion. Planning began in November 2024.
According to "Investment Circle 24h", Alibaba filed a formal application to list its chip business T-Head on its own, adding another capital-market case for domestic AI chips.
Founded in May 2026, the company's round was co-led by Jiyuan Capital and Matrix Partners China.
On the evening of 9 November Awinic said it is planning to buy all or part of Yutai Semiconductor's equity, a controlling stake, for shares and cash plus supporting funds. An intent agreement is signed and the deal may be a major restructuring. Trading halts from 10 November for up to 10 trading days. No price yet; Awinic's nine-month profit fell about 61%.
Per Huxiu's AI venture daily, Hefei Construction Investment, Huaqin Technology and Nexchip took part; it was the largest deal disclosed that day.
According to STAR Market Daily, domestic AI chips have entered a dense funding period, with compute-in-memory and 3D-stacking continuing to attract capital.
36Kr, citing IDC, says Nvidia shipped 678,000 units in H1, down 44% year on year, while Huawei's rose to 572,000. It also notes Huawei's Ascend 960 super node shown at HC, with the maximum card count raised from 1,024 to 4,096.
Backers of the Beijing AI-chip company include E-Town Capital-linked funds and Qiming Venture Partners; products cover video processing and inference infrastructure.
AI Weekly, citing reports, says regulators are slowing approvals for chip and AI listings, so YMTC has pressed pause.
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