Cambricon to raise $700 million in race to build a Chinese AI chip leader 寒武纪拟定增募资7亿美元 竞逐国产AI芯片宝座
The advanced chipmaker has posted strong recent revenue growth and became profitable at the end of last year, as it recovers from U.S. sanctions 这家高端芯片制造商正从美国的制裁中复元，去年底扭亏为盈，新近营收更录得强劲增长。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.