US EditionChina Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump
Cambricon Technologies reported a 44-fold revenue increase to CNY 2.9 billion and net profits of CNY 1 billion in H1 2025, driven by government-backed demand for domestic AI chips.
- Chinese semiconductor firm Cambricon posted a 4,348% year-over-year increase in revenue to $402.7 million in the first half of 2025, underscoring the rise of Chinese AI chip companies as alternatives to Nvidia.
- Cambricon's market capitalization has grown by over $40 billion this year to around $80 billion, though its technology remains behind Nvidia's.
- China has reportedly discouraged local firms from buying Nvidia's H20 chips, as Beijing looks to boost its domestic AI industry amid export controls limiting access to advanced chipmaking techniques.
13 Articles
13 Articles
Cambricon posts $403 million revenue in first half of 2025, up 4,348% y-o-y · TechNode
On Tuesday, Chinese chip firm Cambricon Technologies reported revenue of RMB 2.88 billion ($403 million) for the first half of 2025 in its semiannual report, marking a year-on-year surge of 4,347.8%. Net profit attributable to shareholders stood at RMB 1.04 billion ($145 million), as the company returned to profitability after a loss during the same period last year. Cambricon said the sharp increase in revenue was mainly due to its continued ma…
China AI chip leader Cambricon sees record earnings boost from DeepSeek
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, posted a 1.03 billion yuan profit ($144 million) versus a year-earlier loss of 533 million yuan. That’s off a…
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