China’s top stock of 2024 eyes uplift from nation’s AI self-reliance


- Bloomberg

SHANGHAI: China’s top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI).

Shares of AI chip designer Cambricon Technologies Corp have climbed 383% this year. This has topped the benchmark CSI 300 Index and driving its market value to US$37bil.

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Cambricon , AI , semiconductor , stock

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