The Cambrian stock price surged 10 times in two years, possibly becoming a competitor of NVIDIA in China.

Foreign media: Cambricon is one of the hottest companies in China at present, and its stock price has surged about 10 times over the past two years, due to market expectations that it may become a strong competitor to NVIDIA in the Chinese mainland market.

Cambricon's P/E ratio is more than 4,000 times, far higher than NVIDIA's less than 60 times, reflecting confidence in China's development of an AI ecosystem independent of American hardware.

Cambricon's core business is to develop and design AI chips for cloud servers, edge devices, terminals, and data center clusters. The company is developing its flagship product, the Suyuan 690 chip, which is expected to have performance close to NVIDIA's H100. Cambricon was founded in 2016 by brothers Chen Yunji and Chen Tianshi, who both worked at the Chinese Academy of Sciences.

Original source: www.toutiao.com/article/1841578711264391/

Statement: This article represents the views of the author himself.