EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

semiconductor / news / / Bloomberg

Cambricon Technologies Corp.’s first-quarter sales more than doubled.

Cambricon Technologies' first-quarter revenue more than doubled to 2.88 billion yuan year-over-year.

KEY POINTS
Chinese AI chipmaker Cambricon Technologies Corp.’s first-quarter sales more than doubled, as Beijing’s push for self-sufficiency in critical technologies including semiconductors has fueled local demand for its products. Revenue rose to 2.88 billion yuan ($421 million) in the January-to-March period, compared to 1.11 billion yuan a year ago, according to a filing to the Shanghai Stock Exchange. Net income soared to 1.01 billion yuan in the first quarter of this year, from 356 million yuan in the same period a year ago.
COMPANIES
Read the full story on Bloomberg → →
Share X LinkedIn

Summarized by Newsio from Bloomberg. How we summarize →

RELATED 03
semiconductor · news · 18h 202

Physicists at the University of Oxford show they can assemble Schrödinger’s cat-like superpositions from far more exotic quantum ingredients.

  • Oxford physicists created superpositions from squeezed, trisqueezed, and quadsqueezed motional states in a trapped ion.
  • The team achieved higher Wigner negativity than conventional cat or Fock states, indicating greater nonclassicality.
The Brighter Side of News →
semiconductor · news · 4h 104

Selection marks the next phase of construction on Micron’s New York project, expected to generate 50,000 jobs.

  • Micron has selected Bechtel for the EPC partnership on its New York memory complex.
  • The Clay, New York facility is projected to become the nation’s largest semiconductor manufacturing site.
Bechtel →
genai · news · 1d 211

OneAdvanced has launched what it bills as the UK’s first private, sovereign healthcare large language model trained on NHS primary-care data.

  • OneAdvanced has launched the UK's first private healthcare LLM trained on NHS primary-care data.
  • Care Navigator's model weights and hosting operate entirely within the UK under UK data laws.
TNW →