China's economic slump isn't stopping a billionaire boom in AI chips

Source: Business Insider

Chen Tianshi, a cofounder of Cambricon Technologies, has become China's richest AI chip billionaire. China News Service/China News Service via Getty ImagesChina's AI chip boom is minting billionaires at breakneck speed, even as the economy sputters. Surging investor interest in domestic AI and semiconductor stocks is driving rapid wealth gains.