Bloomberg:

Chinese AI chip designer Cambricon's stock jumped 383% in 2024, giving the company a $37B market cap, driven by the localization of AI chips in the country  —  - Cambricon shares have climbed 383% this year, topping CSI 300  — ‘Localization of AI chips has become a big trend’: Minsheng

Bloomberg:

Chinese AI chip designer Cambricon's stock jumped 383% in 2024, giving the company a $37B market cap, driven by the localization of AI chips in the country  —  - Cambricon shares have climbed 383% this year, topping CSI 300  — ‘Localization of AI chips has become a big trend’: Minsheng

Source: TechMeme
Source Link: http://www.techmeme.com/241230/p13#a241230p13