Traded ValueCambricon's earnings report released,
Q1 revenue reached 1.111 billion yuan, up 42 times YoY, net profit of 355 million yuan compared to a loss of 227 million yuan in the same period last year, R&D investment of 235 million yuan, full-year R&D expected to exceed 1 billion yuan. Revenue, net profit and R&D investment all exceeded market expectations.
$NVIDIA(NVDA.US)
$Cambricon(688256.SH)
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