Chinese CPU and GPU Maker Loongson Plans to Raise $544 Million

Loongson Launches Next Generation 3A5000 CPU

Loongson, a Chinese CPU developer, has formally introduced its next generation 3A5000 CPUs that are based on the company’s proprietary microarchitecture. The company says that the new processors for client PCs deliver up to 50% higher performance amid lower power consumption than predecessors, which may make it more competitive against CPUs developed by leading designers.…