---
title: "[Fact Check] Cambricon Denies Chinese AI Chipmaker's 2026 Full-Year Revenue Guidance Is Below Expectations"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/274620011.md"
description: "Cambricon Technologies has denied rumors that its 2026 revenue guidance is below market expectations, stating that only official figures should be referenced. The company refuted claims of a projected revenue of CNY20 billion, significantly lower than earlier estimates of CNY30 billion to CNY50 billion. Following these rumors, Cambricon's shares fell 9.2% to CNY1,128. Despite a strong performance last year, the company reported a slowdown in profit and revenue growth starting in Q3 2022, with expectations of a decline in Q4 profits."
datetime: "2026-02-03T08:11:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274620011.md)
  - [en](https://longbridge.com/en/news/274620011.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274620011.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/274620011.md) | [繁體中文](https://longbridge.com/zh-HK/news/274620011.md)


# [Fact Check] Cambricon Denies Chinese AI Chipmaker's 2026 Full-Year Revenue Guidance Is Below Expectations

(Yicai) Feb. 3 -- Following rumors that Cambricon Technologies has provided a revenue guidance for this year that is much lower than market expectations, the leading Chinese artificial intelligence chipmaker refuted the rumors and said only official figures should be cited.

The rumored information is false, Cambricon told Yicai today after an inquiry made in the capacity of an investor. "Relevant information should be based on the company's official disclosures."

According to online rumors, Cambricon recently held a small meeting where it revealed it expects revenue of CNY20 billion (USD2.9 billion) this year, significantly lower than previous expectations of CNY30 billion to CNY50 billion.

Due to the rumors, shares of Cambricon \[SHA: 688256\] closed 9.2 percent lower at CNY1,128 (USD162.38) in Shanghai today. The stock is down 29 percent from its peak last August.

On Jan. 30, Cambricon said it expects net profit of between CNY1.9 billion and CNY2.2 billion (USD273.8 million and 316.7 million) last year, turning a first profit since its establishment in 2016. Revenue likely soared 411 percent to 496 percent to between CNY6 billion and CNY7 billion from the previous year.

Thanks to the continuous rise in computing power demand in the AI industry last year, Cambricon was able to expand its market through product competitiveness and actively promote the implementation of AI application scenarios, the company said. This led to a surge in revenue, driving an overall improvement in operating performance and resulting in swinging into the black.

However, Cambricon's performance began to slow down starting from the third quarter of last year, when its net profit fell 17 percent to CNY567 million (USD81.7 million) from the second quarter, while revenue fell 2 percent to CNY1.7 billion.

For the fourth quarter, Cambricon expects net profit to have dropped 4 percent to 57 percent to between CNY245 million and CNY545 million from the quarter before. Income was likely between CNY1.4 billion and CNY2.4 billion, ranging from a decline of 19 percent to a jump of 38 percent.

Editors: Dou Shicong, Martin Kadiev

### 相关股票

- [Cambricon (688256.CN)](https://longbridge.com/zh-CN/quote/688256.CN.md)

## 相关资讯与研究

- [Cambricon Returns to Profit in 2025 as Revenue Soars 453%](https://longbridge.com/zh-CN/news/277391536.md)
- [Cambricon Technologies says prelim 2025 net profit at 2.1 billion yuan](https://longbridge.com/zh-CN/news/277183243.md)
- [MedPal AI Wins Strong Shareholder Backing at AGM as It Expands AI Health Platform](https://longbridge.com/zh-CN/news/281501359.md)
- [The top AI semiconductor stocks to buy right now](https://longbridge.com/zh-CN/news/281647977.md)
- [Legal AI startup Legora hits $100 million in annual recurring revenue](https://longbridge.com/zh-CN/news/281411319.md)