Former glue salesman Sun Aixiang becomes a billionaire as chip stock soars
Sun Aixiang, a former glue and tape salesman, is worth $1.7 billion after shares of his chip-cooling materials maker surged in their Shenzhen debut.
AI chips
Chinese AI chip founders are worth $2.1 billion each at a company that has never made a profit
Shanghai Enflame has fewer than 900 staff, one major customer and has never turned a profit in eight years. Its two founders, both ex-AMD engineers, are now worth $2.1 billion each and their biggest customer is also their biggest shareholder.