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This report provides a comprehensive look at the state of AI chips in China, covering market trends, industry players, and technological developments. It begins with an overview of the AI chip landscape before examining China’s domestic semiconductor industry in detail. A dedicated chapter explores AI accelerators and their role in advancing computing performance. The report also assesses NVIDIA’s position and activities in the Chinese market, followed by an analysis of investment flows driving growth in this sector. The final section highlights the leading Chinese companies shaping the AI chip ecosystem, offering readers a clear picture of current leaders and future contenders.