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Cambricon a.k.a. 'China's Nvidia' says revenue spiked 14-fold last quarter. The ensuing stock frenzy made its CEO one of the world's richest people

By Yahoo! Finance   |   1 month ago
Cambricon a.k.a. 'China's Nvidia' says revenue spiked 14-fold last quarter. The ensuing stock frenzy made its CEO one of the world's richest people

Chen Tianshi, CEO of Cambricon Technologies, joined the world's 100 richest people due to the company's impressive third-quarter earnings report, showing a 14-fold revenue increase. Cambricon, dubbed "China's Nvidia," profited $79.

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