China’s AI Chip Pioneer Cambricon Technologies Corp Rises 20% Amid Beijing’s Nvidia Warning
▻https://aichief.com/ai-news/chinas-ai-chip-maker-cambricon-rises-20-amid-beijings-nvidia-warning
Today, Chinese AI chipmaker Cambricon Technologies Corp. jumped to its 20% daily limit, sparking a rally in the sector. This rise follows a report from Bloomberg News that Beijing is increasing pressure on local companies to replace Nvidia Corp. processors with homegrown alternatives. With this shift, Cambricon is stepping up as a key player in […]