Finance

AI chip designer Cambricon vaults to China’s costliest stock after profits soar 185%

Cambricon Technologies, dubbed “China’s little Nvidia,” on Thursday became the costliest stock in mainland China’s equities market after it reported substantial growth in the first quarter amid an artificial intelligence boom and China’s tech self-sufficiency push. Cambricon shares rose as much as 1

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SCMP Business
2026年4月29日·1 分钟阅读
AI chip designer Cambricon vaults to China’s costliest stock after profits soar 185%

Image: SCMP Business

Cambricon Technologies, dubbed “China’s little Nvidia,” on Thursday became the costliest stock in mainland China’s equities market after it reported substantial growth in the first quarter amid an artificial intelligence boom and China’s tech self-sufficiency push.

Cambricon shares rose as much as 18 per cent to nearly 1,680 yuan (US$245) on Thursday, beating optical chipmaker Yuanjie Semiconductor Technology, which traded at around 1,660 yuan.

On Wednesday, Cambricon announced a 160 per cent...

原文

AI chip designer Cambricon vaults to China’s costliest stock after profits soar 185%

发布者 SCMP Business

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