HONG KONG — Shares in Cambricon Technologies, China’s answer to Nvidia, have dropped 21% this week following an earlier warning that the stock may be overvalued, as a rally fueled by tech companies shows signs of cooling.
AI chipmaker had flagged risks of overpriced shares
A cooling market rally erased about 80 million yuan from Shanghai-listed Cambricon’s market capitalization. (Source phots by Getty Images and screenshot from Cambricon’s website) © Getty Images
LORRETTA CHEN
September 5, 2025 14:36 JST
