Cambricon Sets $14.8B Revenue Target Over Three Years, Offering Restricted Shares to 85% of Staff
Cambricon Technologies, a leading Chinese artificial intelligence chip designer, has unveiled an ambitious new revenue target that underscores the explosive growth of the domestic semiconductor market. The Shanghai-listed company has set a goal of generating more than 100 billion yuan (US$14.8 billion) in cumulative revenue over the next three years.