Two domestic AI chip companies are one step closer to going public.

Two AI chip companies are one step closer to going public. The website of the China Securities Regulatory Commission shows that in recent days, domestic GPU manufacturer Mu Xi Integrated Circuit Co., Ltd. has completed its counseling work. Not long ago, another GPU manufacturer, Moore Thread Smart Technology Co., Ltd., changed its counseling status to counseling acceptance. Mu Xi and Moore Thread started their listing counseling in January of this year and November of last year, respectively. Two other AI chip manufacturers started their listing counseling last year, Shanghai Suiyuan Technology Co., Ltd. and Shanghai Biren Technology Co., Ltd., both of which are currently in the "counseling filing" stage. "Chip research and development requires a lot of funds, and now the market demand has risen, so they can also tell stories to the capital market. In the past, customers would ask about the cost-effectiveness compared to Nvidia, compatibility with the ecosystem, but now these issues do not affect purchasing intentions too much, because access to Nvidia's computing power in China is also limited," a industry analyst told reporters. This is the background for the AI chip companies to launch their IPOs. In terms of demand, China also needs more than two choices of AI chips, and these companies all have opportunities.