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flag Chen Tianshi, co-founder of China’s Cambricon, became a billionaire under 40 as U.S. sanctions and China’s tech push boosted his company’s rise.

flag Chen Tianshi, co-founder of China’s Cambricon Technologies, has become one of the world’s richest people under 40 with a $22.5 billion net worth, fueled by U.S. sanctions on advanced semiconductors and China’s push for tech self-reliance. flag Once dependent on Huawei for over 95% of revenue, Cambricon rebounded after Huawei shifted to in-house chips, thriving in a protected domestic market. flag Government support, investor enthusiasm, and a ban on Chinese firms using Nvidia’s H20 chips drove a 765% share surge in 24 months. flag Cambricon reported its first quarterly profit since its 2020 IPO in late 2024. flag Despite U.S. sanctions over alleged military ties and concerns about inflated valuations, Chen’s rise reflects China’s strategy of state-backed innovation to build domestic AI leadership.

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