search
Cambricon
Trends
- 1Chinese chip stocks fall on Nvidia approval signal●Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDance
Shares of Chinese semiconductor firms declined after signals that Nvidia could regain approval to sell chips in China. SMIC fell 3.7%, Moore Threads dropped 6.3% and Cambricon lost 5.7%, as renewed Nvidia competition weighs on domestic alternatives. Separately, ByteDance is reported to be considering ordering around one million Nvidia RTX Pro 5500 workstation cards for multi-card server setups, though that GPU lacks the high-bandwidth memory needed for large-scale AI training.