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Chinese AI chip giant Cambricon sets US$14.8b revenue goal tied to staff incentive plan
Cambricon Technologies, a Chinese AI chip company, has set a 100 billion yuan (US$14.8 billion) revenue goal over three years as part of an employee stock incentive plan, a nearly 20-fold increase from its previous 2024–2026 target of 4.6 billion yuan. The move reflects growing momentum in the domestic AI chip market.
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