Cambricon Reports Q3 2026 Net Profit of 1.404 Billion RMB, Up 147.74%
Cambricon reported its Q3 2026 financial results, achieving a total revenue of 3.531 billion RMB (a 104.47% increase year-over-year) and a net profit attributable to shareholders of 1.404 billion RMB (a 147.74% surge). This exceptional financial performance highlights robust demand for domestic AI hardware and strong market dynamics as artificial intelligence applications continue to expand. It underscores the growing market penetration and competitiveness of native AI chip providers. In addition to revenue and net profit doubling, Cambricon's third-quarter R&D investment reached 523 million RMB, representing 14.80% of its total revenue. The company's basic earnings per share rose to 2.23 RMB, marking a 145.05% year-over-year increase.
## BACKGROUND
Cambricon is a prominent domestic AI chip provider specializing in the research, development, and commercialization of cloud inference chips and edge chips. These specialized artificial intelligence chips are designed to accelerate machine learning workloads across data centers and edge devices.