# Cambricon shares rose as much as 18 per cent to nearly 1,680 yuan (US$245) on Thursday.

*semiconductor · news · 2026-04-29 · South China Morning Post*

## Key points

- Cambricon's shares surged 18% to nearly 1,680 yuan, surpassing Yuanjie Semiconductor Technology.
- Cambricon reported a 160% revenue increase and 185% profit jump in the March quarter.
- In August 2025, Cambricon briefly overtook Kweichow Moutai as China’s highest-priced stock.
- Cambricon will pay a 15-yuan dividend per 10 shares, totaling over 632 million yuan.

Cambricon shares rose as much as 18 per cent to nearly 1,680 yuan (US$245) on Thursday, beating optical chipmaker Yuanjie Semiconductor Technology, which traded at around 1,660 yuan. On Wednesday, Cambricon announced a 160 per cent revenue jump to 2.89 billion yuan in the March quarter, while profits soared 185 per cent to 1 billion yuan. In August 2025, Cambricon temporarily overtook the liquor distiller Kweichow Moutai – the long-standing champion of Chinese equities – in terms of stock price. The Beijing-based, Shanghai-listed chip designer attributed its strong growth to a “sustained surge in the AI industry’s computing power demand”. The company said last month that it planned to distribute a cash dividend of 15 yuan for every 10 shares held, totalling more than 632 million yuan, after announcing in February that it had swung to a net profit of 2 billion yuan last year, following years of losses.

**Companies:** Cambricon, Yuanjie Semiconductor Technology, Kweichow Moutai
**Countries:** China

[Read the full story on South China Morning Post](https://www.scmp.com/tech/article/3351894/revenue-jumps-chinas-cambricon-metax-amid-thirst-domestic-ai-chips)

---

Canonical: https://newsio.io/n/b674b892-7f1e-4a96-871e-1e069823d1c4/cambricon-shares-rose-as-much-as-18-per-cent-to-nearly-1680-yuan-us245-on-thursd
Summarized by Newsio from South China Morning Post. https://newsio.io/how-it-works