NuAxiSemiconductor trade intelligence

[News] China’s AI Chip Makers Make Waves: Cambricon 1H26 Net Profit Surges 123%, Moore Threads Eyes HK Listing

What happened

Cambricon reported 1H26 revenue of RMB 5.996B (+108.13% YoY) and net profit of RMB 2.311B (+122.61% YoY), driven by ByteDance orders and domestic AI adoption. However, Q2 growth slowed to 90.11% and cash flow fell 65.83% due to inventory buildup and cost pressures. Moore Threads revenue jumped 147% YoY to RMB 1.736B, nearing breakeven.

Impact and signal

High impactImpact score: 90/100

Affected components and suppliers

AI ChipsGPU

CambriconMoore ThreadsHygon

earningsprofit-growthinventory-buildup

Source and time

Source: TrendForce · 8/10/2026 · View original source

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[News] China’s AI Chip Makers Make Waves: Cambricon 1H26 Net Profit Surges 123%, Moore Threads Eyes HK Listing

What happened

Impact and signal

Affected components and suppliers

Source and time

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