Cambricon: China's AI Chip Star Faces $1.1B Sell-Off

Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Sabados

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Will a $1.1 billion sell-off burst China's AI bubble? Cambricon, China's answer to Nvidia, faces a major index rebalancing after its stock skyrocketed, but its rise mirrors a larger AI boom fueled by government support and tech giants. Despite sky-high valuations and warnings of rapid growth risks, can Cambricon maintain its momentum and profitability in China's competitive AI landscape? Hosted on Acast. See acast.com/privacy for more information.

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