The numbers underscore how local Chinese challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.

The Chen brothers were students in an elite CAS ‘genius youth class’, a special programme designed to train top local talent.

Chinese AI chipmaker Cambricon rises after reversing losses to post a first-half net profit of 1.03 billion yuan.

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.

Startups and big tech firms like Alibaba are increasingly employing domestic alternatives to Nvidia.

The numbers underscore how local Chinese challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.

Cambricon also reminds investors that it is subject to US export restrictions that make it vulnerable to supply chain risks.

Cambricon erlebt an Chinas Börse einen Boom, der fast an Nvidia erinnert. Hinter dem Chipdesigner stehen zwei hochbegabte Brüder. Doch jetzt wird selbst dem Unternehmen der Hype…