Ticker: CMBN

Cambricon (CMBN)

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Analysts Macquarie recommend buying Cambricon (688256) with a price target of 2,060 yuan ($303.43) as the best investment in Chinese AI chip stocks

Macquarie analysts believe that now is an opportune time to invest in Chinese AI chip companies, driven by government support and the growth of domestic AI technologies. They have identified specific companies with strong potential for growth, including Cambricon and Biren Tech.