Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech (Rachel Yeo/Bloomberg)

Rachel Yeo / Bloomberg:
Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech  —  Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips …

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