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6 days ago · Chinese AI chipmaker Cambricon posted a record profit in the first half of the year, as it benefits from a surge in demand from companies including ByteDance for domestically made semiconductors to replace Nvidia’s chips.
14 hours ago · The ascent of companies like Cambricon underscores China's ambition to reshape the future of AI chip manufacturing.
5 days ago · Cambricon Technologies' shares regained momentum, after the Chinese AI chip designer swung to a profit on soaring demand for AI chips amid China's chip-localization push. Shares of the Beijing ...
5 days ago · Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the use of homegrown technology in a post-DeepSeek ...
5 days ago · VCG—VCG via Getty Images Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the use of homegrown ...
21 hours ago · Chinese authorities are supporting Cambricon to foster a competitive AI chip market and reduce reliance on US tech, aiming to significantly boost the company's revenue by 2026. Founded by the Chen brothers in 2016, Cambricon aligns with Beijing's AI vision and recently reported its first profitable half-year.
Chinese equity markets do not lack enthusiasm for artificial intelligence. But few moves were as dramatic as the surge in Cambricon Technologies’ shares on August 27, when the stock briefly crossed Rmb1,400, giving the AI chip designer a market capitalisation above Rmb580bn.
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