Cambricon third-quarter profit rises 148 percent to US$210 million

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Shanghai-based artificial intelligence chipmaker Cambricon Technologies reported a 147.7 percent increase in third-quarter net profit, reaching 1.4 billion yuan (US$210 million). The company’s revenue rose by 104.5 percent to 3.5 billion yuan for the period ending September 30, a faster growth rate than the 75.8 percent increase recorded in the second…

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