Trending News:‘Jasprit Bumrah cannot be the answer to all your problems’: Gautam Gambhir warned despite India’s ODI win | Cricket NewsLock Upp 2: Madhuri Grover’s ‘Graceful’ Exit Wins Hearts, Netizens Lambast Shreya Kalra For Aiding Her EliminationChina’s ’Great Green Wall’ tames desert growth, but scientists say fight is not over7 pink lakes in Australia and the science behind their unusual colours | World NewsWhy China is betting on electric taxis to hedge against Hormuz oil risks – FirstpostMadrid goes ‘Viking Row’! 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| ExplainedA Labrador began swaying and could no longer walk on Britain’s highest mountain; rescuers later discovered what she had eatenChina blocks helium exports amid Iran war-driven supply crunch – FirstpostInjury scare for India: Shubman Gill walks off retired hurt in England ODI | Cricket NewsSelfish, Lazy, Idiot: Fahadh Faasil Faces Brutal Trolling For Leaving Tom Cruise’s Digger Over ‘Accent’Financial services AI dangers highlighted by UK regulator’s reviewSeveral dead in Brussels construction site fire, say authoritiesOil surges over 3% as Iran expands Gulf strikes after US attacks, Hormuz fears return – FirstpostFrance Vs Spain Live Score, FIFA World Cup 2026 Semi Finals: Kylian Mbappé, Lamine Yamal battle for place in World Cup finalDigger Sets Up 3-Way Clash With Ajay Devgn’s Drishyam 3 And Venkatesh Daggubati’s Aadarsha Kutumbam House No 47 On Gandhi Jayanti 2026Nasa’s Anil Menon, two Russians blast off for 8-month International Space Station missionWatch video: ‘Native’ Canadian woman blames Indians for throwing trash during Canada Day celebrations, says ‘you should be ashamed’India’s disability economy could fuel jobs, innovation and a $150 billion market: Report – FirstpostSports ministry seeks Hockey India probe into former captain Asunta Lakra’s complaint against Bhola, Golla | Hockey News‘They Weren’t Ready To Pay…’: Why Indian Actor ‘Skipped’ Big Role Opposite Tom Cruise In DiggerHow the amino acid leucine helps our cells produce energyIndian man dies in skydiving accident in Massachusetts, fell from 30 feet above in ‘sudden, unexpected gust of wind’Zero tariffs open UK market, but can Indian MSMEs beat China, Bangladesh and Vietnam? – FirstpostMS Dhoni and Kriti Sanon steal the spotlight at India vs England ODI with surprise appearance | Cricket NewsThe Odyssey Sells Half The Number Of Tickets As Oppenheimer In India, Yet Aims For A Bigger OpeningThe quantum computing age will only begin when we silence the noiseMindaugas Sinkevicius becomes Lithuania PM after parliament approves manifestoIndia gets its first monthly Services Production Index; hospitality, retail lead April growth – FirstpostJasprit Bumrah scripts history in first ODI vs England, surpasses Ravindra Jadeja to become … | Cricket News‘I’m Not Interested…’: When S Janaki Refused Padma Bhushan, Said She Deserved Bharat RatnaCan compete with Govt’s CNAP mandate, Truecaller CEO saysTwo brothers detained by Pakistani forces found dead in Balochistan; custodial death concerns raisedUS inflation cools to 3.5% in June, biggest monthly CPI drop since 2020 lifts Wall Street – Firstpost‘A bit of friction’: Dinesh Karthik hints at Gautam Gambhir-Ajit Agarkar rift after India’s T20I disaster | Cricket NewsDhamaal 4 Box Office Collection Day 2: Ajay Devgn Starrer Locks ₹50 Crore In 1st Weekend After Big Boost On SaturdayHow can quantum computers be better than classical computers?Argentina lost jaguars from its Iberá wetlands nearly 70 years ago, but conservationists have now brought the country’s largest wild cat back through an ambitious rewilding project | World News
Trending News:‘Jasprit Bumrah cannot be the answer to all your problems’: Gautam Gambhir warned despite India’s ODI win | Cricket NewsLock Upp 2: Madhuri Grover’s ‘Graceful’ Exit Wins Hearts, Netizens Lambast Shreya Kalra For Aiding Her EliminationChina’s ’Great Green Wall’ tames desert growth, but scientists say fight is not over7 pink lakes in Australia and the science behind their unusual colours | World NewsWhy China is betting on electric taxis to hedge against Hormuz oil risks – FirstpostMadrid goes ‘Viking Row’! Spain fans recreate Norway’s viral celebration after reaching World Cup final | Watch | Football NewsCongo’s Ebola outbreak tops 2,000 cases, kills 754 in fastest-growing surgeEnvoy on how New Zealand may gain from FTA – Firstpost‘New York, we’re coming for you’: Lamine Yamal sends Spain World Cup final warning after France masterclass | Football NewsJana Nayagan On July 23: CM Vijay’s Swansong Finally Gets A Release Date After 7-Month CBFC BattleAndy Burnham condemns alleged right-wing terror plot at Islamic gathering, says ‘hatred against Muslims has no place in UK’ | World NewsFrom chocolates to scotch, what gets cheaper for Indians? – FirstpostEngland vs Argentina: Rivalry and revenge at the FIFA World Cup | Football NewsViral Video: Parents-to-be Deepika Padukone-Ranveer Singh Step Out On A Dosa Date In MumbaiWhy scientists watched a gene hop from a predator into its preyIn Tokyo’s hidden 1,100-year-old shrine, thousands of desperate fans are praying for impossible concert tickets | World NewsSK Hynix shares surge 13% as AI optimism and easing US inflation reignite chip rally – FirstpostArgentina vs England: Why FBI labelled this FIFA World Cup semi-final the ‘highest-risk’ match | Football NewsNick Jonas Confesses Bollywood Gossip Is What He ‘Loves Most’ About His Marriage With Priyanka Chopra, Fans Say, ‘Jiju Is Just Like Us’NASA astronaut Anil Menon, two others reach International Space StationScientists fitted a European honey buzzard with a GPS tracker. The bird flew for 42 days, covering more than 10,000 km from South Africa to Finland and helping researchers uncover the secrets of one of nature’s greatest migrations |Experts explain why – FirstpostSix times, same result and counting! Lamine Yamal continues to be Kylian Mbappe’s knockout nemesis | Football NewsThe Odyssey: Tickets At ₹3100, Indian Viewers Will Still Miss Out On The True IMAX Experience For Christopher Nolan FilmHow protein biosensors can shrink the timeline of medical emergenciesNepal Fake Refugee Scam: Nepal court jails ex-deputy PM, home minister in fake refugee scam; 14 others convictedPakistan Stock Exchange plunges over 6,000 points as US-Iran conflict escalation rattles investors – FirstpostDiego Maradona and Lionel Messi: Twin legacies, intertwined yet distinct | Football NewsHow the Gaganyaan crew module is built to surviveQuote of the day by Princess Diana: “I don’t want expensive gifts; I don’t want to be bought. I have everything I want. I just want someone to…” – why emotional security can matter more than wealth or luxury | World NewsIndia bans imports of goods made using forced labour, strengthens trade rules as US tariffs loom – FirstpostMinor in CWG squad: Para cyclist Lisha Das raises safety concerns over no woman support staff | Commonwealth Games NewsFBI adds Indian-origin man to most wanted list over alleged organised crime linksChina’s Q2 GDP growth hits slowest pace since 2022 as economic recovery loses steam – FirstpostRoad to South Africa up and running: Washington Sundar, Axar Patel deliver with bat and ball at Edgbaston | Cricket NewsWhy FDA approval for vepdegestrant is a major shift in cancer therapy“Dumb disgusting low IQ animal”: Hasan Piker’s explosive Clavicular praise turns into brutal Asmongold attackNearly 99% of Indian exports get duty-free access to UK market – FirstpostNot VAR: Why referee overturned France’s free-kick against Spain in World Cup semi-final | Football NewsU.S. cyber agency is using Anthropic’s Mythos to audit government code, sources sayThis man arrived at a Paris airport expecting to catch a flight. Instead, he lived there for the next 18 years | World NewsIndia gets relief as US Senate cuts proposed Russia sanctions tariff from 500% to 100% – FirstpostLionel Messi’s ‘lucky referee’? FIFA appointment for England vs Argentina sparks fresh debate | Football NewsHow fossil fuels built the modern world | The ScopeSuziesmalls: Kick streamer SuzieSmalls dies after being found dead in her apartmentIndia should stay firm in US trade talks, test Washington’s resolve: SBI – FirstpostOne win from football immortality: Spain match Europe’s ‘untouchable’ record after France triumph | Football NewsThe Odyssey Mumbai Screening: Christopher Nolan Hails Indian Audience, Calls Them ‘Most Enthusiastic And Knowledgeable’Mission Drishti, a privately developed Earth observation satellite, loses communication after solar stormAsmongold House Cleaning: Asmongold ends years of roach memes after revealing his house is finally bug-freeWhy SK Hynix’s $26.5 billion US listing is a strategic bet on Wall Street – FirstpostSpain vs France FIFA World Cup SF match result: Lamine Yamal shines as Spain outclass Mbappe’s France to reach their second WC Final | Football NewsWho Is Rohit Chandel, Actor Arrested For Stalking And Assaulting Minor Girl?Finerenone helps slow kidney disease in patients without diabetesQuote of the day by Plutarch: ‘I don’t need a friend who changes when I change and who nods when I nod; my shadow does that much better’ and the true meaning of friendshipChina imposes temporary helium export ban amid Iran conflict disruptions – FirstpostFIFA World Cup: Folarin Balogun breaks silence: ‘I knew the ban overturn would cause a lot of controversy’ | Football NewsS Janaki, Nightingale Of South India, Falls Silent – Revisiting Her Iconic Career In Playback SingingWhen might life on the earth end?Indian man Anshul Kuncha’s murder in Philadelphia: 14-year-old boy arrested, chargedSouth Africa’s anti-migrant protests threaten jobs, growth and regional economies – FirstpostShubman Gill’s 80, Axar-Washington stand give India 1-0 lead over England in ODI series | Cricket NewsBox Office: With Tuesday Offer, Evil Dead Burn Collects More Than Twice Of AlphaCelluloid story: An action-packed inventionQuote of the day by Heraclitus: ‘No man ever steps in the same river twice, for it’s not the same river and he’s not the same man’ and a lesson on how change is the only constantIndia’s forex reserves jump $7.26 billion to $674.19 billion as foreign currency assets – Firstpost‘World Cup’s most controversial VAR call’: Croatia says FIFA still won’t answer audio request | Football NewsDhamaal 4 Box Office Collection Day 5: Ajay Devgn Starrer Witnesses Jump On Tuesday Despite No Discount In Ticket PricesWhy has the Centre issued a notice to Meta over Instagram? | ExplainedA Labrador began swaying and could no longer walk on Britain’s highest mountain; rescuers later discovered what she had eatenChina blocks helium exports amid Iran war-driven supply crunch – FirstpostInjury scare for India: Shubman Gill walks off retired hurt in England ODI | Cricket NewsSelfish, Lazy, Idiot: Fahadh Faasil Faces Brutal Trolling For Leaving Tom Cruise’s Digger Over ‘Accent’Financial services AI dangers highlighted by UK regulator’s reviewSeveral dead in Brussels construction site fire, say authoritiesOil surges over 3% as Iran expands Gulf strikes after US attacks, Hormuz fears return – FirstpostFrance Vs Spain Live Score, FIFA World Cup 2026 Semi Finals: Kylian Mbappé, Lamine Yamal battle for place in World Cup finalDigger Sets Up 3-Way Clash With Ajay Devgn’s Drishyam 3 And Venkatesh Daggubati’s Aadarsha Kutumbam House No 47 On Gandhi Jayanti 2026Nasa’s Anil Menon, two Russians blast off for 8-month International Space Station missionWatch video: ‘Native’ Canadian woman blames Indians for throwing trash during Canada Day celebrations, says ‘you should be ashamed’India’s disability economy could fuel jobs, innovation and a $150 billion market: Report – FirstpostSports ministry seeks Hockey India probe into former captain Asunta Lakra’s complaint against Bhola, Golla | Hockey News‘They Weren’t Ready To Pay…’: Why Indian Actor ‘Skipped’ Big Role Opposite Tom Cruise In DiggerHow the amino acid leucine helps our cells produce energyIndian man dies in skydiving accident in Massachusetts, fell from 30 feet above in ‘sudden, unexpected gust of wind’Zero tariffs open UK market, but can Indian MSMEs beat China, Bangladesh and Vietnam? – FirstpostMS Dhoni and Kriti Sanon steal the spotlight at India vs England ODI with surprise appearance | Cricket NewsThe Odyssey Sells Half The Number Of Tickets As Oppenheimer In India, Yet Aims For A Bigger OpeningThe quantum computing age will only begin when we silence the noiseMindaugas Sinkevicius becomes Lithuania PM after parliament approves manifestoIndia gets its first monthly Services Production Index; hospitality, retail lead April growth – FirstpostJasprit Bumrah scripts history in first ODI vs England, surpasses Ravindra Jadeja to become … | Cricket News‘I’m Not Interested…’: When S Janaki Refused Padma Bhushan, Said She Deserved Bharat RatnaCan compete with Govt’s CNAP mandate, Truecaller CEO saysTwo brothers detained by Pakistani forces found dead in Balochistan; custodial death concerns raisedUS inflation cools to 3.5% in June, biggest monthly CPI drop since 2020 lifts Wall Street – Firstpost‘A bit of friction’: Dinesh Karthik hints at Gautam Gambhir-Ajit Agarkar rift after India’s T20I disaster | Cricket NewsDhamaal 4 Box Office Collection Day 2: Ajay Devgn Starrer Locks ₹50 Crore In 1st Weekend After Big Boost On SaturdayHow can quantum computers be better than classical computers?Argentina lost jaguars from its Iberá wetlands nearly 70 years ago, but conservationists have now brought the country’s largest wild cat back through an ambitious rewilding project | World News
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market.
Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a record 1,384.93 yuan, giving it 579.38 billion yuan (US$81 billion) in market value. The stock has more than doubled in price this year and surged fivefold in the past 12 months.
At that price, Cambricon is trading at a staggering 4,554 times historical earnings, making it the most expensive stock in China. Moutai, the liquor distiller that produces the fiery baijiu known as Chairman Mao Zedong’s favourite tipple, had previously commanded the highest price-earnings ratio on the exchange.
“China’s AI development is entering a stage of software-hardware collaboration, [which] may meaningfully reduce the reliance on overseas computing power,” wrote Cinda Securities’ analyst Mo Wenyu, who said that Cambricon now belonged to a list of stocks that were “worth watching”.
An undated photograph of a new-generation artificial intelligence (AI) chip made by Cambricon Technologies. Photo: Handout
“We believe the release of [DeepSeek’s AI model] V3.1 has created a strategic opportunity for the domestic AI chip industry chain, and the process of AI chip substitution is likely to accelerate,” Mo wrote.
Cambricon is accessible to international investors through the so-called Northbound Connect scheme via the Hong Kong stock exchange.
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