Cambricon rises over 11%, stock price hits new historical high
Cambricon Technologies saw its stock price surge over 11%, reaching a new all-time high and surpassing a market capitalization of 900 billion yuan. This surge coincides with the Chicago Mercantile Exchange Group's announcement of plans to launch AI computing power futures within the year. As demand for AI computing power grows exponentially, it is becoming increasingly financialized and assetized, moving towards an ecosystem rather than a single product. AI
IMPACT Signals increasing financialization of AI computing power, potentially creating new investment avenues and influencing hardware demand.