Chinese semiconductor designers Moore Threads Technology and Hygon Information Technology have forecast double- to triple-digit revenue growth for the first half of the year, signaling a rapid expansion in the domestic AI chip market.
The projections highlight how Beijing’s push for technological self-reliance is creating tangible commercial opportunities for local firms positioned as alternatives to US hardware.
The growth outlook comes as Washington’s export controls continue to restrict access to advanced Nvidia processors, forcing Chinese enterprises and data centers to pivot toward home-grown solutions.
According to South China Morning Post, both companies are capitalizing on this structural shift, filling the void left by restricted US exports with their own AI accelerators and server processors.
This development marks a significant escalation in the semiconductor rivalry between the US and China.
While Nvidia remains the global benchmark for AI training and inference, its dominance in the Chinese market is eroding.