Business

Chinese AI start-up founder now world’s 3rd richest under 40—how US chip curbs helped Chen Tianshi build a fortune(Soban News)

After Huawei halted business with Cambricon, co-founder Chen Tianshi leveraged US chip restrictions and government backing, resulting in a 765% surge in shares and personal wealth of $22.5 billion. However, concerns remain regarding the company’s long-term competitiveness and valuation.

​After Huawei halted business with Cambricon, co-founder Chen Tianshi leveraged US chip restrictions and government backing, resulting in a 765% surge in shares and personal wealth of $22.5 billion. However, concerns remain regarding the company’s long-term competitiveness and valuation. by Soban News (international And National News)

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