Cambricon net profit jumps 131% in first nine months of 2026

Chinese AI chipmaker Cambricon Technologies reported a 131.49% rise in net profit attributable to shareholders for the first nine months of 2026, with revenue more than doubling. Third-quarter net profit grew nearly 150% year over year, and the CEO denied ever giving a 1 million-chip forecast.

• Net profit for the first nine months of 2026 rose 131.49%
• Cambricon revenue more than doubled year over year
• Q3 net profit grew nearly 150% from a year earlier
• CEO said the company never gave a 1 million-chip forecast