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Nvidia's China-based rival posts 4,300% revenue jump as chipmakers' earnings reported no H20 chip sales to the country

Cambricon posted record profit and roughly 4,300% H1 revenue growth as Chinese firms push to fill a market void created by restricted Nvidia sales.

Artificial intelligence

fromFortune Asia

3 weeks ago

China AI chip leader Cambricon sees record earnings boost from DeepSeek

Cambricon swung to a record H1 profit as demand for Chinese AI chips surged, fueled by government support and domestic substitution for foreign accelerators.

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Nvidia's China-based rival posts 4,300% revenue jump as chipmakers' earnings reported no H20 chip sales to the country

China AI chip leader Cambricon sees record earnings boost from DeepSeek

#cambricon
#cambricon