Cambricon a.k.a. ‘China’s Nvidia’ says revenue spiked 14-fold last quarter. The ensuing stock frenzy made its CEO one of the world’s richest people
PositiveFinancial Markets

Cambricon, often referred to as 'China's Nvidia', has reported a staggering 14-fold increase in revenue last quarter, propelling its CEO, Chen Tianshi, into the ranks of the world's wealthiest individuals. This remarkable growth highlights the booming demand for AI chips and positions Cambricon as a key player in the tech industry, reflecting the broader trend of innovation and investment in artificial intelligence.
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