Zhipu AI Shares Rocket 32% on First Earnings as China’s Domestic AI Ambitions Hit Full Throttle

Zhipu AI shares surged about 32% after the company released its first public earnings since a January Hong Kong listing.

Revenue for 2025 rose 132% to 724 million yuan while adjusted net loss widened to 3.18 billion yuan.

Zhipu highlighted rising computing demand and is fast-tracking a shift to domestic Chinese chips after being placed on the U.S. Entity List.