AI Chipmaker Cambricon Sales Miss Signals Output Constraint

source: news (news:bloomberg-tech)published 2026-10-23 10:56ingested 2026-10-23 15:30

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AI

AI Chipmaker Cambricon Sales Miss Signals Output Constraint

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Takeaways by Bloomberg AI

Cambricon Technologies Corp. reported a slower-than-expected revenue growth in a reflection of its persistent challenges with manufacturing constraints and memory chip shortages.

Revenue in the quarter ended September jumped 105% to 3.53 billion yuan ($529 million), versus estimates for about 6.26 billion yuan. The company posted a 148% rise in net income to 1.4 billion yuan.

document fetched 2026-10-23 16:25 · canonical https://bloomberg.com/news/articles/2026-10-23/ai-chipmaker-cambricon-s-sales-miss-in-sign-of-output-constraint