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  3. Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive

South China Morning Post

Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive

Chinese artificial intelligence (AI) chip giant Cambricon Technologies reported a 108 per cent surge in first-half revenue on Friday, as the firm capitalises on a massive domestic push to replace foreign AI hardware. The chipmaker’s revenue for the first six months of the year reached 6 billion yuan (US$890 million), while profits also jumped 122.6 per cent year on year to 2.3 billion yuan, according to a stock exchange filing. In the second quarter, the firm’s revenue was 3.1 billion yuan, in..

Continue with the complete report on the publisher’s website.

Read full article at South China Morning Post
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By South China Morning Post

7 August 2026|1 min read
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Technology & Digital Transformation
Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive
Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive
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