China's AI Chip King Sees Fortune Soar

Chen Tianshi, a former computer science researcher, has seen his wealth skyrocket to $21 billion. This massive increase is thanks to the success of his company, Cambricon Technologies. Often called the "Nvidia of China", Cambricon makes powerful AI chips.

Powering China's AI Ambitions

These chips are used by big names like Alibaba, DeepSeek, and Tencent. They need local alternatives because of U.S. restrictions on advanced semiconductor exports to China. Cambricon's chips can train and support complex AI models.

Record-Breaking Growth

In the first half of 2025, Cambricon reported its first-ever half-year profit of 1 billion yuan ($140 million). Revenue surged over 4,300% year-on-year to 2.9 billion yuan. This success comes just five years after the company went public in 2020.

From Researcher to Billionaire

Chen Tianshi, now 40, holds a Ph.D. in computer science. Before starting Cambricon in 2016, he worked as a researcher at the Chinese Academy of Sciences. His journey from researcher to billionaire is a testament to the growing importance of AI technology.

The AI Chip Market Heats Up

The AI chip market is heating up. Companies are racing to develop advanced semiconductors. Cambricon's success shows the potential of local innovation. It also highlights the impact of geopolitical tensions on the tech industry.