China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump
Summary
Chinese semiconductor firm Cambricon posted a more than 4,000% surge in revenue and swung to profit in the first half of...
Chinese semiconductor firm Cambricon posted a more than 4,000% surge in revenue and swung to profit in the first half of the year. The numbers underscore how local challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.