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China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump

Cambricon Technologies reported a 44-fold revenue increase to CNY 2.9 billion and net profits of CNY 1 billion in H1 2025, driven by government-backed demand for domestic AI chips.

  • Chinese semiconductor firm Cambricon posted a 4,348% year-over-year increase in revenue to $402.7 million in the first half of 2025, underscoring the rise of Chinese AI chip companies as alternatives to Nvidia.
  • Cambricon's market capitalization has grown by over $40 billion this year to around $80 billion, though its technology remains behind Nvidia's.
  • China has reportedly discouraged local firms from buying Nvidia's H20 chips, as Beijing looks to boost its domestic AI industry amid export controls limiting access to advanced chipmaking techniques.
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YUAN TALKS broke the news in on Tuesday, August 26, 2025.
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