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China computing suppliers dismiss fears of big tech AI spending cuts

2026-11-04 Category: Briefs Comments(0)

Rumours of weaker AI demand among major tech firms have stoked market worries over AI spending growth, but players in the computing supply chain say they see no signs of pullback and hold ample order backlogs.

Xiechuang Data reported no demand reduction signals and expects top domestic internet firms to maintain high capital expenditure next year, keeping computing infrastructure investment buoyant. Xingyun Technology said its disclosed year-to-date computing and storage orders total roughly 20.641 billion yuan.

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Briefs

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