上海AI“芯”势力抢滩资本赛道

Core Insights - Shanghai's integrated circuit industry revenue reached 391.2 billion yuan from January to November 2025, marking a year-on-year growth of 23.72%, with an expected annual revenue exceeding 460 billion yuan, reflecting a growth of 24% [1][2] - The city has over 1,200 integrated circuit companies, accounting for approximately 40% of national talent and nearly 50% of innovation resources in the industry [1][5] - Shanghai ranks fourth globally and first domestically in the latest global integrated circuit industry competitiveness ranking [1] Industry Developments - The AI chip sector in Shanghai is experiencing a surge in IPO activity, with companies like Biran Technology and Muxi Co. recently going public, and Tensu Zhixin set to list on January 8, 2026 [2][3] - Tensu Zhixin has achieved significant milestones, including the development of the first domestic training-specific and inference-specific general-purpose GPU products, filling gaps in high-end training and inference scenarios [3][4] - Muxi Co. has deployed its GPU products in over ten intelligent computing clusters, achieving large-scale commercialization [3] Investment and Support - Shanghai's government has established a comprehensive industrial ecosystem, supporting companies through financial incentives and talent acquisition policies [4][5] - Shanghai Guotou Company plays a pivotal role in the integrated circuit sector by establishing multiple industrial merger funds focused on equipment, materials, and design [6] - The city aims to maintain its leadership position by focusing on innovation breakthroughs across the entire industry chain and nurturing leading enterprises [7]