AI chips are experiencing unprecedented opportunities, and the firm will continue to focus on innovation, co-founder Chen Tianshi says
Cambricon Technologies, the Chinese semiconductor designer seen as a potential alternative to US rival Nvidia, expressed confidence in its revenue growth prospects after a record first half on the back of strong demand for its artificial intelligence chips.
“AI chips, as the core of computing infrastructure, are experiencing unprecedented opportunities,” Chen Tianshi, chairman and co-founder, said at an online event on Thursday, adding that the company would continue to focus on technological innovation in design to enhance its core competitiveness.
The company, known as “little Nvidia”, said it would generate “sustained revenue” in the future due to robust demand for AI computing power, particularly for training large AI models. Its products have been deployed at scale in “multiple key industries”, including mobile carriers, as well as clients in the internet and finance sectors, it said.
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