Nvidia’s upstart Chinese rival Cambricon just showed 4,000% growth — but don’t get too excited

Just hours before Nvidia Corp. was set to report earnings, investors got to see some eye-popping growth numbers from an upstart rival out of China.

Cambricon Technologies Corp.

CN:688256 doesn’t have remotely the name recognition as Nvidia NVDA, nor the scale. But the Chinese chip maker is drawing some attention after it posted a massive surge in revenue for its latest period.