Chinese artificial intelligence chip champion Cambricon Technologies has set a target of more than 100 billion yuan (US$14.8 billion) in revenue over the next three years as the prerequisite for a newly proposed employee stock incentive plan. The goal marked a nearly 20-fold increase from its previous plan set three years ago, which aimed for 4.6 billion yuan in cumulative revenue from 2024 to 2026. It is the latest sign that domestic AI chipmakers are riding a historic market rally, driven by...