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semiconductor / news / 2026-04-29 / South China Morning Post

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

Cambricon's shares surged 18% to nearly 1,680 yuan, surpassing Yuanjie Semiconductor Technology.

KEY POINTS

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.

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