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Benzinga

Business

Piero Cingari

China Just Found Its Nvidia Replacement—And This Stock Has Exploded 125%

Nvidia China United States Cambricon Eric Jackson

Toronto,,Canada,-,July,7,2025,Cambricon,Is,The,Artificial

Nvidia Corp. (NASDAQ:NVDA), touted as the world's most valuable chipmaker, is still riding high with $4.4 trillion market cap and booming AI demand, but a new China-based chipmaker is stealing the spotlight at home.

Shares of Cambricon Technologies, which only trades in the Shanghai Stock Exchange market, have more than double this month, surging 125%, compared to the boringly flat performance of Nvidia.

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One subscription that gives you access to news from hundreds of sites

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