China's Little NVIDIA Rises to Threaten Global Presence

Cambricon Technologies emerges as potential NVIDIA rival, with stock up 10x and revenue exploding in the first half of 2025.

The tech world is being shaken by the rise of Cambricon, an AI chip company dubbed China's "Little NVIDIA."

The company founded by the Tran brothers has seen its shares increase tenfold in just the past two years.

Cambricon is developing the Siyuan 690 chip with the ambition to approach NVIDIA's H100 performance. (Photo: SCMP)

His younger brother Tran Thien Thach currently owns 28.6% of shares and has become a billionaire with assets of 20 billion USD. (Photo: SCMP)

Revenue in the first half of 2025 reached 4.03 billion USD, 40 times higher than the same period last year.

Cambricon is now seen as a hope to help China reduce its dependence on American hardware. (Photo: SCMP)

Analysts said this growth was further boosted after NVIDIA stopped producing H20 chips for China.

With a valuation of $70 billion after only nine years, Cambricon is proving that they can become a worthy competitor to NVIDIA in the future. (Photo: SCMP)

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