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Cambricon Technologies' shares soared 383% in 2024, reflecting China's push for AI self-sufficiency.
Cambricon Technologies, a Chinese AI chipmaker, saw its shares surge 383% this year, reaching a market value of $37 billion.
This growth stems from China's efforts to become self-sufficient in AI technology amid US trade restrictions.
Cambricon's inclusion in the Shanghai Stock Exchange 50 Index is expected to further boost its value.
The company's success is part of a broader trend of localization in China's tech industry.
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Las acciones de Cambricon Technologies se elevaron un 383% en 2024, lo que refleja el impulso de China por la autosuficiencia de la IA.