Chinese Chipmakers Allocate Record Share of Revenue to R&D, Outpacing US Peers
First‑quarter 2026 filings show Chinese chip firms Moore Threads and MetaX spent 50% and 45% of revenue on R&D respectively, surpassing US counterparts’ ratios. The data reflects Beijing’s push for tech self‑reliance amid an AI boom. Analysts note the high investment may boost domestic chip capabilities but also raise financial risk.