# Several Chinese AI chipmakers report first profits in third quarter

> Original title: China’s AI chipmakers report first profits, but will the trend continue?

- Source: South China Morning Post · Tech
- Published: 2026-11-06T10:30:06.000Z
- Bad Influence: https://badinfluence.news/items/y8j7lzujuqzuktlydqkrnmgnz
- Original: https://www.scmp.com/tech/big-tech/article/3373532/chinas-ai-chipmakers-report-first-profits-will-trend-continue

## Summary

Several Chinese pure-play AI chipmakers swung into profit in the third quarter, the South China Morning Post reports. Supply chain hurdles and soaring memory costs cloud their long-term growth prospects. Moore Threads, MetaX and Iluvatar CoreX are competing to fill the gap left by Nvidia's export-restricted high-end GPUs.