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computeHEAT 11.6°

AI CURATED HOT STORY · 11/15/2026

xFusion Clears ChiNext IPO Review in 174 Days as AI Compute Demand Surges

1 reports archived1 independent sourcesupdated 11/15/2026, 07:38:56
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xFusion, the server business spun off from Huawei's x86 unit in 2021, has cleared the ChiNext IPO review in just 174 days. The company posted RMB 43.5 billion in 2024 revenue and over RMB 30 billion in H1 2025, ranking second in China's x86 server market with a 12.7% share and first in liquid-cooled servers for two consecutive years. Proceeds will fund next-generation compute R&D across AI, compute, data and energy.

LATEST/xFusion, the server business spun off from Huawei's x86 unit in 2021, has cleared the ChiNext IPO review in just 174 days. The company posted RMB 43.5 billion in 2024 revenue and over RMB 30 billion in H1 2025, ranking second in China's x86 server market with a 12.7% share and first in liquid-cooled servers for two consecutive years. Proceeds will fund next-generation compute R&D across AI, compute, data and energy.

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Total 1 reports · Latest first