Cambricon H1 2026 Revenue Up 108% to RMB5.996 Billion, Net Profit RMB2.311 Billion
In H1 2026, Cambricon posted revenue of RMB5.996 billion, up 108.13% year on year, with attributable net profit of RMB2.311 billion, up 122.61%. Non-GAAP net profit rose 137.3% to RMB2.166 billion. Cloud products generated RMB5.994 billion, or 99.98% of revenue. Inventory reached RMB8.248 billion, up 66.83% from end-2025, representing 45.32% of total assets. Q2 revenue grew 7.84% sequentially, a slowdown from Q1, and management did not address delivery-delay questions.
Cambricon reported operating revenue of RMB5.996 billion for the first half of 2026, an increase of 108.13% year on year. Net profit attributable to shareholders reached RMB2.311 billion, up 122.61%, while net profit excluding non-recurring items rose 137.3% to RMB2.166 billion. The company attributed the revenue growth to continued market expansion and the push to deploy artificial intelligence applications, as well as strengthened cooperation with leading financial and internet-sector clients, achieving large-scale deployment of its products in those industries.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Artificial Intelligence, with intensity 70/100 and 85% confidence over a short term horizon.
Artificial Intelligence
- Direction
- positive
- Intensity
- 70
- Confidence
- 85%
- Horizon
- Short term
Semiconductor Value Chain
- Direction
- positive
- Intensity
- 65
- Confidence
- 80%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.