Third-quarter revenue reached 3.531 billion yuan ($496M), missing analyst estimates of 6.26 billion yuan, although quarterly net profit rose 148% to 1.404 billion yuan. For the first nine months of 2026, China's second-largest AI chip developer posted operating revenue of 9.526 billion yuan, up 106.76% from a year earlier.
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Cambricon Forecasts 13.5B Yuan Revenue Despite Q3 Shortfall
Earnings1 day ago
A lack of available memory chips and capacity constraints hindered sales for Cambricon during the most recent quarter. The company stated it remains on track to meet its full-year revenue forecast of 13.5 billion yuan, an increase from the 6.5 billion yuan recorded in 2025, citing strong demand for its AI hardware.
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