Goldman Sachs raises Chinese AI-chip giant Cambricon’s target price by 50%, ...Middle East

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The bank cited three key drivers behind the upgrade:

Broader diversification of chipset platforms, including developments like DeepSeek 3.1.

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Cambricon Technologies is a Beijing-based, partially state-owned semiconductor firm

founded in 2016 as a spin-off from the Chinese Academy of Sciencesspecializes in designing AI processors and GPGPUs for deep learning applications across cloud servers, edge devices, and intelligent terminalsnicknamed “China’s Nvidia” This article was written by Eamonn Sheridan at investinglive.com.

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