The stock price of Cambrian, known as China's Nvidia, hit a record high today (the stock price rose 20% today), and the company's market value exceeded 350 billion (355.1 billion yuan).As the leader in domestic computing power, Cambrian has taken advantage of the trend of artificial intelligence, and its stock price has soared crazily since last year (it won the title of last year’s stock king with a 387% increase).
Founder Chen Tianshi made a bold promise in 2018 that the company would occupy 30% of China's high-performance artificial intelligence chip market within three years and implant its chips in 1 billion devices around the world.
Six years later, this young man born in 1985 has become the richest man in Nanchang.
The fanatical pursuit of capital is undoubtedly a double-edged sword for a company in a critical growth period. After all, Nvidia has higher revenue and net profit, but Cambrian relies entirely on "imagination" at this stage.
Some experts believe that "if Cambrian can achieve a breakthrough in basic research, invest at least 5 billion yuan in basic research every year, and achieve high investment for 10 consecutive years, the originality and technology of its products will be possible to achieve the use of 1 billion devices around the world as mentioned by Chen Tianshi."
