From Business Collapse to Billionaire: Chen Tianshis AI Chip Success StoryChen Tianshi, a Chinese tech entrepreneur, transformed his fortunes from facing business collapse to becoming one of the worlds richest self-made billionaires in just a few years. His company, Cambricon Technologies, an AI chip startup, saw its main customer, Huawei, cut ties in 2019, leaving it with almost no revenue. However, the U.S.s decision to restrict Chinas access to advanced chips and Beijings push for homegrown technology created a massive opportunity. Chens wealth, mostly from his twenty-eight percent stake in Cambricon, has more than doubled this year, reaching twenty-two point five billion dollars. Cambricons shares have surged over seven hundred sixty-five percent in the last two years, largely due to Beijing urging local companies to use domestic chips, creating huge demand. This story highlights how Chinas focus on its domestic AI industry is creating a new class of tech leaders, especially after the government previously cracked down on private sector giants.

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