Chen Tianshi’s wealth surged to $23 billion after U.S. chip bans forced China to boost domestic suppliers

HPC News Bytes 20251117: SC25 Starts!, Conflicting Tales of China AI Chip Bans, Quantum in the News, NSF Supercomputing Centers Hit 40

A happy Supercomputing Conference week to you from St. Louis! Here’s a fast (9:50) rundown of recent HPC and AI developments: China feeling the bite of AI chip export .... The post HPC News Bytes 20251117: SC25 Starts!, Conflicting Tales of China AI Chip Bans, Quantum in the News, NSF Supercomputing Centers Hit 40 appeared first on Inside HPC & AI News | High-Performance Computing & Artificial Intelligence.

Chen Tianshi’s wealth surged to $23 billion after U.S. chip bans forced China to boost domestic suppliers

Chen Tianshi just pulled off one of the wildest wealth jumps in the tech industry, and it happened because Washington slammed China out of the high‑end chip market. The decision forced Beijing to build its own supply chain, which pushed the 39‑year‑old founder of Cambricon Technologies from struggling researcher to a $23 billion force in the global AI race. The data comes from the Bloomberg Billionaires Index, which tracked how fast his net wort…