
Cambricon Shares Surge 18% on Strong AI Chip Demand, Revenue Jumps 160%
Cambricon shares rose 18% to nearly 1,680 yuan on Thursday, outperforming rival Yuanjie Semiconductor Technology. The Beijing-based chip designer reported a 160% revenue jump to 2.89 billion yuan in Q1 2026, with profits soaring 185% to 1 billion yuan, driven by sustained AI computing power demand. The company overtook Kweichow Moutai in stock price last August.
