The US-China AI chip race has entered a new phase as Chinese chip designer Cambricon Technologies reports its first-ever quarterly profit. The milestone emerges against a backdrop of escalating US export controls that have increasingly restricted Chinese companies' access to advanced semiconductor technology, particularly Nvidia's sophisticated AI processors. Cambricon's breakthrough into profitability signals a significant... Read more » The post US-China AI chip race: Cambricon's first profit lands appeared first on AI News.