Reported about 12 hours ago
Cambricon Technologies, co-founded by brothers Chen Yunji and Chen Tianshi, has emerged as China's leading AI chipmaker, experiencing a dramatic stock surge as it positions itself to rival Nvidia in the mainland market. Established in 2016, the company focuses on designing AI chips and has seen significant growth, reporting its first quarterly profit in late 2024. Analysts credit its success to strong domestic demand and the drive for an independent AI ecosystem amidst geopolitical shifts.
Source: YAHOO