Chinese AI chip manufacturer Cambricon's Q3 revenue increased by 104.47% year-on-year to 3.531 billion yuan, with net profit rising by 147.74% to 1.404 billion yuan.
Chinese AI chip manufacturer Cambricon disclosed its Q3 2026 report, achieving operating revenue of 3.531 billion yuan, a year-on-year increase of 104.47%; net profit attributable to shareholders of listed companies was 1.404 billion yuan, a year-on-year increase of 147.74%. The company stated that revenue growth was primarily driven by continuous market expansion and active support for AI application implementation. With the increasing demand for AI computing power and the gradual advancement of related applications, the company's business scale continues to expand. As of the end of Q3, the company's total assets reached 22.364 billion yuan, an increase of 66.43% from the beginning of the year; inventory, prepayments, and notes payable all increased significantly, reflecting business expansion accompanied by increased procurement and supply chain settlement volumes.
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