Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the use of homegrown technology in a post-DeepSeek AI boom.The Chinese AI chip designer, which competes with Huawei Technologies Co. to provide accelerators for developing and hosting AI models, postedBloomberg Terminal a 1.03 billion yuan profit ($144 million) versus a year-earlier loss of 533 million yuan. That’s off a roughlyBloomberg Terminal 44-fold...