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Shanghai Iluvatar CoreX Semiconductor Co., Ltd. Class H ( (HK:9903) ) has shared an announcement.
Shanghai Iluvatar CoreX Semiconductor reported strong top-line growth for 2025 as the AI industry in China shifts from pure hardware competition to integrated hardware, software and services. Revenue nearly doubled to RMB1,033.6 million and gross profit more than doubled to RMB558.0 million, while the group continued to execute an R&D roadmap of one generation in mass production, one in design and one in pre-research.
Despite remaining loss-making, the company narrowed its adjusted net loss by 32.1% to RMB437.7 million by improving R&D and operational efficiency, signaling progress toward better profitability. Its AI computing products and solutions have now been deployed in more than 1,000 projects across multiple industries, strengthening its position in China’s GPGPU and AI computing market and supporting plans to accelerate technological iteration and broader commercialization of its computing power offerings.
More about Shanghai Iluvatar CoreX Semiconductor Co., Ltd. Class H
Shanghai Iluvatar CoreX Semiconductor Co., Ltd. is a Chinese provider of general-purpose GPU (GPGPU) products and AI computing solutions, focused on full-stack hardware-software co-design. Its technologies are deployed across key sectors such as financial services, healthcare, transportation, internet, large AI models, scientific research and education, serving more than 340 customers nationwide.
Average Trading Volume: 1,238,005
Current Market Cap: HK$61.9B
Learn more about 9903 stock on TipRanks’ Stock Analysis page.