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Hong Kong stocks rebound on China AI chip optimism, Nvidia results anticipation
Chinese AI chipmaker Cambricon rises after reversing losses to post a first-half net profit of 1.03 billion yuan.
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scmp.com
Hong Kong stocks rebound on China AI chip optimism, Nvidia results anticipation
Chinese AI chipmaker Cambricon rises after reversing losses to post a first-half net profit of 1.03 billion yuan.
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China’s ‘little Nvidia’ sees 4,348% revenue surge amid AI stock frenzy
Cambricon’s revenue of US$403.8 million in the first six months of 2025 was a record high since it went public in 2020.
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fortune.com
China AI chip leader Cambricon sees record earnings boost from DeepSeek
Startups and big tech firms like Alibaba are increasingly employing domestic alternatives to Nvidia.
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cnbc.com
China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump
The numbers underscore how local Chinese challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.
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With market on edge over AI bubble, chip stocks shudder as investors send Nvidia down 3% despite 56% growth in data center revenue
Investors had extremely high expectations for Nvidia’s data center division, with forecasts set at $41.3 billion.
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Hong Kong stocks extend decline on Meituan profit slump, Nvidia outlook
Meituan’s disappointing earnings weigh on on-demand delivery rivals Alibaba and JD.com.
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Hong Kong stocks rise ahead of earnings reports from heavyweights Alibaba, ICBC
As many as 12 companies from the 85-member Hang Seng Index are due to release interim reports on Friday.
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China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in year
Cambricon also reminds investors that it is subject to US export restrictions that make it vulnerable to supply chain risks.