# Cambricon
Latest news and articles about Cambricon
Total: 4 articles found
China’s Premier AI Chipmaker Sees Shares Plummet as Company Blames Rumours and Market Sentiment
Cambricon’s shares tumbled up to 14% intraday on 3 February, reducing its market value to about RMB 450 billion. The company said it did not know the precise cause, dismissed many market rumours as false, and attributed the move to secondary-market fund flows and sentiment. The episode highlights the fragility of AI-related valuations in China and the importance of timely corporate communication to prevent rumor-driven volatility.
Cambricon Shares Plunge as Alibaba Unit’s New AI Chip Stokes Market Fears
Cambricon shares plunged nearly 10% as Alibaba’s chip unit unveiled a new high‑end AI chip and reports suggested its Zhenwu PPU shipped at scale in 2025. The drop came despite Cambricon forecasting a strong full‑year turnaround and a fivefold revenue increase, underlining investor concerns about intensifying domestic competition in AI semiconductors.
China’s AI Chipmaker Cambricon Denies Rumours After Sharp Share Drop, Flags Legal Action
Cambricon denied circulating rumours that it held a private meeting issuing RMB20 billion revenue guidance after its shares fell over 13% on Feb. 3. The company said it had not provided any guidance, affirmed steady R&D progress, and warned it may take legal action against those spreading false information. The incident highlights how social-media rumours can quickly unsettle China’s AI and technology stocks.
China’s Cambricon Forecasts Strong 2025 Profit as AI Compute Demand Rises
Cambricon expects 2025 net profit of ¥1.85–2.15 billion, a year‑on‑year turnaround driven by stronger AI compute demand and successful product deployments. The result signals that Chinese AI chipmakers are beginning to convert rising demand and policy support into commercial profit, though challenges around scaling, margins and competition remain.