Cambricon Shares Surge 18% on Strong AI Chip Demand, Revenue Jumps 160%

Cambricon shares rose as much as 18 per cent to nearly 1,680 yuan (US$245) on Thursday, beating optical chipmaker Yuanjie Semiconductor Technology, which traded at around 1,660 yuan. On Wednesday, Cambricon announced a 160 per cent revenue jump to 2.89 billion yuan in the March quarter, while profits soared 185 per cent to 1 billion yuan. In August 2025, Cambricon temporarily overtook the liquor distiller Kweichow Moutai – the long-standing champion of Chinese equities – in terms of stock price. The Beijing-based, Shanghai-listed chip designer attributed its strong growth to a "sustained surge in the AI industry's computing power demand". The company said last month that it planned to distribute a cash dividend of 15 yuan (US$2.20) for every 10 shares held, totalling more than 632 million yuan, after announcing in February that it had swung to a net profit of 2 billion yuan last year, following years of losses.