Alibaba’s PingTouGe Chip Concept Stocks

In September 2025, news reported on Alibaba’s PingTouGe’s latest development of an AI-oriented PPU chip. In several key metrics, the PingTouGe PPU chip is comparable to NVIDIA’s H20 chip and surpasses the NVIDIA A800 chip. It is currently applied in the training of lightweight AI models, partially replacing NVIDIA’s GPU chips.

The first company is GigaDevice. GigaDevice is a leading enterprise in the domestic memory chip design field and has collaborated with PingTouGe to develop the RISC-V architecture GD32V series MCU. This series of MCUs, with its high performance and low power consumption characteristics, has been widely used in various fields such as the Internet of Things (IoT) and industrial control. Its GD32 MCU has been certified by Alibaba Cloud and the AliOS Things operating system, enabling devices to quickly connect to the Alibaba Cloud IoT platform for convenient remote management and data transmission. Additionally, this MCU supports Alibaba’s “Tongyi Qianwen” large model for lightweight operation on edge devices, allowing efficient intelligent inference at the edge, enhancing the intelligent processing capabilities of IoT devices and improving user experience.

The second company is Allwinner Technology. Allwinner Technology focuses on the research and sales of intelligent application processor SoCs, high-performance analog devices, and wireless interconnection chips. The company has jointly developed RISC-V architecture chips with PingTouGe, primarily applied in consumer electronics such as smart speakers and TWS headphones. The chips developed have advantages of high integration, low power consumption, and high cost performance, meeting the strict performance and power consumption requirements of consumer electronic devices. With the rapid development of the smart speaker and TWS headphone markets, the shipment of related products is expected to significantly increase in 2025, potentially bringing new performance growth points for the company.

The third company is Yuntian Lifei. Yuntian Lifei is an AI enterprise with full-stack capabilities in algorithms, chips, and big data. The company has a deep collaboration with PingTouGe, jointly developing the DeepEye1000 neural network inference acceleration chip for visual applications, which integrates PingTouGe’s Xuantie 810 processor, providing powerful visual processing capabilities and efficient inference performance. Its Deep Edge10 series inference cards have been adapted to Alibaba’s “Tongyi Qianwen” large model, capable of providing efficient and accurate intelligent visual solutions in edge AI computing scenarios, widely applicable in smart security, smart cities, industrial inspection, and other fields.

The fourth company is National Technology. National Technology is a leading enterprise in MCUs and security chips and a national high-tech enterprise. The company has historical cooperation with PingTouGe’s predecessor, Zhongtian Micro, and has a deep technical accumulation and rich experience in the security chip field. The company mainly focuses on security chips, potentially providing security encryption module technical support for PingTouGe’s Xuantie C930 and other chips. By combining security chips with PingTouGe’s chips, it can provide a higher level of security assurance for devices, effectively preventing data leakage and illegal attacks, binding to Alibaba Cloud’s security ecosystem to provide users with secure and reliable IoT solutions.

The fifth company is Xuanyuan Information. Xuanyuan Information is a high-tech enterprise focusing on intelligent equipment, tax informationization, and digital city business areas. The company is the exclusive general agent for Alibaba’s “Xuantie C930” chip, with plans to ship 50 million units over the next three years, indicating a large potential revenue scale. Additionally, its subsidiary has launched a low-power IoT SOC platform solution “Wujian” in collaboration with PingTouGe, which features low power consumption, high integration, and ease of development, providing efficient and stable core processing capabilities for IoT devices, accelerating the R&D and market launch of IoT products.

The sixth company is Neusoft Carrier. Neusoft Carrier focuses on the research, production, and sales of power line carrier communication chips and related products. The company has reached a strategic cooperation with PingTouGe to jointly promote low-power IoT SOC platform solutions. Some of its chips have been certified by the Alibaba Cloud IoT platform, facilitating device access to the Alibaba Cloud ecosystem. Through collaboration with PingTouGe, Neusoft Carrier can combine its technological advantages in power line carrier communication with PingTouGe’s chip technology to provide more efficient and stable communication connections and data transmission solutions for IoT devices, promoting the development of low-power IoT.

The seventh company is Dingxin Communications. Dingxin Communications focuses on the smart grid field, developing chips using PingTouGe’s self-developed 32-bit core architecture, which are currently exclusively used for its own products and not sold externally. This reflects the deep cooperation between the two parties in technology development, as Dingxin Communications can provide stronger processing capabilities and more stable performance for its smart grid products by adopting PingTouGe’s core architecture, enhancing product competitiveness and market share.

The eighth company is Changdian Technology. Changdian Technology is a leading enterprise in domestic packaging and testing, possessing advanced packaging technology and rich experience. The company is the exclusive packaging and testing service provider for PingTouGe’s AI chips, utilizing advanced technologies such as SiP and 3D packaging to provide efficient and reliable packaging testing services for PingTouGe’s AI chips. Its monthly production capacity is considerable, meeting the large-scale production needs of PingTouGe’s AI chips. Through advanced packaging technology, Changdian Technology can improve the integration, heat dissipation performance, and reliability of chips, ensuring stable operation of PingTouGe’s AI chips in high-performance scenarios such as vehicle controllers.

The ninth company is LiYang Chips. LiYang Chips is a leading independent third-party testing enterprise in China, with a high level of technology and a good market reputation in the chip testing field. The company is a core testing partner for the mass production of PingTouGe’s AI chips, providing testing solutions for its Hanguang series and other self-developed AI chips starting from the first half of 2024. Its testing solutions cover complex scenarios such as cloud training chips and automotive chips, capable of conducting comprehensive and rigorous testing on chip performance, functionality, and reliability, ensuring that chips meet design requirements and quality standards, providing important quality assurance for the mass production of PingTouGe’s AI chips.

The tenth company is Biwei Storage. Biwei Storage is a company focused on the research, production, and sales of storage chips. The company has collaborated with PingTouGe to develop enterprise-level SSDs based on the Zhenyue 510 main control chip for data centers, meeting the data storage needs for AI training. Its products have entered mass production in the second quarter of 2025, and this enterprise-level SSD features high capacity, high speed, and high reliability, providing efficient and stable data storage services for data centers, supporting the rapid reading, writing, and processing of large amounts of data during AI training, laying a solid data storage foundation for the development of AI technology.

Alibaba's PingTouGe Chip Concept Stocks

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