Sat. Sep 21st, 2024

Chinese GPU-maker XCT, once valued at $2.1B, is on the verge of collapse — shareholders now suing founder

By Sep 3, 2024

Xiangdixian Computing Technology (XCT), the company behind China’s homegrown Tianjun GPUs, is reportedly facing financial trouble after laying off employees and being sued by its shareholders. 

Xiangdixian Computing Technology (XCT), the company behind China’s homegrown Tianjun GPUs, is reportedly facing financial trouble after laying off employees and being sued by its shareholders. 

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