3 d. ago Cambricon shares slump 14%, the most in 7 months, as investors lock in gains

Cambricon Technologies, the artificial intelligence chipmaker dubbed “China’s Nvidia”, tumbled on Thursday as investors took profit from one of the mainland’s most frenzied stock rallies this year. Shares of the Shanghai-listed company sank as much as 16 per cent before closing 14.4 per cent lower at 1,202 yuan, the steepest single-day decline since January 16. The stock lost 84 billion yuan (US$11.8 billion) in market capitalisation. The sharp sell-off also erased 6.9 per cent from the...

Economics

6 d. ago Chip designer Cambricon stays in the spotlight amid market potential

Shares of Cambricon Technologies on Monday closed lower on the Shanghai Stock Exchange after a representative of Alibaba Group Holding denied speculation that it had ordered 150,000 graphics processing units (GPUs) from the Beijing-based AI chip designer. According to the representative, the platform of Alibaba Cloud – the artificial intelligence and cloud computing services unit of e-commerce giant Alibaba – was powered by multiple Chinese-designed GPUs. Alibaba owns the South China Morning...

Politics

1 week ago Cambricon Stock Is Soaring Amid Nvidia’s China Problems. Here's Why.

Cambricon Stock Is Soaring Amid Nvidia’s China Problems. Here's Why.  Barron's

Politics

1 week ago China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump

China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump  CNBC

Economics

1 week ago China's 'little Nvidia' Cambricon sees 4,348% revenue surge amid AI frenzy

China's 'little Nvidia' Cambricon sees 4,348% revenue surge amid AI frenzy  Yahoo Finance

Politics

1 week ago China’s ‘little Nvidia’ sees 4,348% revenue surge amid AI stock frenzy

Cambricon Technologies, the Beijing-based chipmaker seen as a potential alternative to Nvidia’s graphics processing units (GPUs), reported a record revenue surge in the first half amid a Chinese stock market frenzy driven by DeepSeek’s breakthrough AI models. Cambricon’s revenue surged 4,348 per cent year on year to 2.88 billion yuan (US$403.8 million) in the first six months of 2025, a record high for the company since it went public in 2020. Profit reached 1.04 billion yuan, reversing a net...

Politics

1 week ago Cambricon: how two ‘genius brothers’ created China’s potential rival to Nvidia

The hottest company in China right now is Cambricon Technologies, an artificial intelligence chipmaker whose stock has surged about 10-fold over the past two years, driven by expectations that it could be a serious challenger to Nvidia in the mainland market. The frenzy over Cambricon, whose stock is trading at an eye-watering trailing 12-month price-to-earnings ratio above 4,000 – compared to under 60 for Nvidia – reflects a growing belief in China that the country is on a path to develop an AI...

Politics

1 week ago Cambricon: how 2 ‘genius brothers’ created China’s potential rival to Nvidia

The hottest company in China right now is Cambricon Technologies, an artificial intelligence chipmaker whose stock has surged about 10-fold over the past two years, driven by expectations that it could be a serious challenger to Nvidia in the mainland market. The frenzy over Cambricon, whose stock is trading at an eye-watering trailing 12-month price-to-earnings ratio above 4,000 – compared to under 60 for Nvidia – reflects a growing belief in China that the country is on a path to develop an AI...

Politics

1 week ago Meet Cambricon: how 2 ‘genius brothers’ created China’s potential rival to Nvidia

Meet Cambricon: how 2 ‘genius brothers’ created China’s potential rival to Nvidia  South China Morning Post

Politics

2 w. ago NVIDIA’s Emerging AI Chip Rival in China, Cambricon, Plans to Raise $560 Million to Boost Competition as Beijing Moves to Mandate Homegrown AI Chips For Datacenters

NVIDIA’s Emerging AI Chip Rival in China, Cambricon, Plans to Raise $560 Million to Boost Competition as Beijing Moves to Mandate Homegrown AI Chips For Datacenters  Wccftech

Economics

2 w. ago China’s Nvidia challenger Cambricon to raise US$560 million for AI chip work

Chinese semiconductor firm Cambricon Technologies, seen as a potential future challenger to Nvidia, plans to raise nearly 4 billion yuan (US$560 million) for AI chip development, boosting its standing in the country’s tech self-sufficiency drive. In a statement on the weekend, Cambricon said the Shanghai Stock Exchange had given the go-ahead for its 3.98 billion yuan fundraising plan, which is pending approval from the China Securities Regulatory Commission. The move comes after its stock price...

Economics