Sector split
Revenue and market cap by stack group
Each listed company is attributed to its primary stack group. Design and manufacturing heavyweights dominate revenue; equipment and materials names carry the IPO wave.
| Stack group | Companies | Latest-year revenue | Market cap |
|---|---|---|---|
| Compute | 21 | ||
| Memory | 11 | ||
| Sensing | 6 | ||
| Design | 5 | ||
| Manufacturing | 16 | ||
| Equipment | 7 | ||
| Materials | 4 |
The leaders
Top companies by revenue and market cap
| Company | Revenue (latest FY) |
|---|---|
| YMTC FY2025 | not listed — prospectus/research figure |
| Semiconductor Manufacturing International Corp (SMIC) FY2025 | |
| CXMT FY2025 | |
| NAURA Technology Group FY2025 | |
| JCET FY2025 | |
| Wingtech FY2025 | |
| Will Semiconductor / OmniVision FY2025 | |
| Tongfu Microelectronics FY2025 | |
| Longsys Electronics FY2025 | |
| Huatian Technology FY2025 |
Market cap covers listed companies only. YMTC — STAR IPO pending — would rank at or near the top of it at its reported RMB 200–300B expected valuation; its FY2025 revenue already ranks above (prospectus figure, marked not listed).
Coverage
Listing status and the IPO pipeline
91 of the tracker's 92 listed companies are fetched live from exchange data every day, feeding every figure on this page. The one exception is OmniVision — the same listed stock as Will Semiconductor (603501.SS), tracked once to avoid double-counting.Unlisted companies (Kunlunxin, YMTC, SiCarrier…) appear in the IPO pipeline below instead.
Tracked companies still private, closest to market first:
- YMTCShareholder-controlled via listed partners, not exchange listed itself
- HiSiliconHuawei subsidiary; not separately listed
- Enflame TechnologySTAR IPO priced 2026-08-28; shares not yet trading (~Sep 2026)
- KunlunxinBaidu ~67.5%; HKEX spin-off announced 2026-01 (~RMB 21B valuation); not yet trading
- CalterahSTAR IPO accepted 2026-08-14; not yet trading
- XpeedicPrivate; IPO tutoring stage
- unisocPrivate; IPO tutoring reported 2026
- SiCarrierPrivate; US$11B first round 2026, no IPO
- PhytiumPrivate; IPO rumored, not confirmed
Financials from exchange filings via Yahoo Finance, refreshed daily by the tracker's financials job; market caps are price × shares as of the date shown. Chip trends are drawn from the chip-pricing dataset — every observation dated and source-linked on its chip page. Nothing here is investment advice.