Cambricon denies triple-output rumor — Cambricon Denies Rumors It Will Triple Chip Output Next Year

Quick headline summary — rumor rebuttal and why it matters

Cambricon (Hánwǔjì 寒武纪) issued a formal rebuttal on the evening of December 4, 2025.

The company called recent media and online reports about its products, customers, supply chain, and production capacity forecasts misleading and false.

Investors, founders, and tech teams watching Chinese AI chip supply chains should treat third‑party claims with caution until official disclosures appear.

What Cambricon actually said — official statement highlights

• Rely on official disclosures.
• Improve source verification skills.
• Do not spread or trust unverified rumors.
• Legal action warning: the company reserves the right to pursue legal remedies against those who fabricate or disseminate false information.

The rumor that triggered the statement — production and competitor claims

On December 4, some foreign media outlets, citing unnamed sources, reported that Cambricon planned to increase AI chip production by more than three times next year.

Those reports said the move was to compete with Huawei (Huáwéi 华为) and to fill alleged gaps left by NVIDIA (Yīngwěidá 英伟达) withdrawing from certain markets.

The articles claimed Cambricon would deliver 500,000 AI accelerators in 2026, including up to 300,000 units of its high‑end Siyuan 590 and Siyuan 690 chips.

Cambricon publicly denied those production‑capacity claims in its formal release.

Company background and recent performance — why the rumor spread

Cambricon (Hánwǔjì 寒武纪) — formally China Science Cambricon Technology Co., Ltd. — was founded in 2016.

The company focuses on AI chip R&D and innovation and listed on the Shanghai Stock Exchange STAR Market (科创板) in July 2020.

2025 financials — the numbers you need

For the first three quarters of 2025, Cambricon reported:

• Operating revenue: ¥4.607 billion RMB ($645.0 million USD), up 2,386.38% year‑over‑year.
• Net profit attributable to shareholders: ¥1.605 billion RMB ($224.7 million USD), up 321.49% year‑over‑year.

In the third quarter of 2025 specifically, the company reported:

• Revenue: ¥1.727 billion RMB ($241.8 million USD), marking the third consecutive quarter with revenue above ¥1 billion RMB.
• Net profit: ¥567 million RMB ($79.4 million USD), extending the company’s quarterly profit streak to four quarters.

Market reaction — stocks, valuation, and investor behavior

On the secondary market, Cambricon (stock code 688256) traded higher this year amid volatility.

As of the close on December 4, 2025, the share price was ¥1,369 per share (approximately $191.7 USD), a year‑to‑date increase of about 108%.

The company’s market capitalization was reported at ¥577.3 billion RMB (approximately $80.8 billion USD).

Practical takeaways for investors, founders, and tech teams

• Verify before you act. Rely on officially disclosed filings and press releases when making investment or supply decisions.
• Understand the signals: large YoY growth percentages like the reported 2,386.38% often reflect rapid scaling from a smaller base and should be read in context with absolute revenue figures.
• Watch consecutive quarterly milestones: consecutive quarters with >¥1 billion RMB revenue and a four‑quarter profit streak are meaningful operational signals.
• Be cautious with anonymous sourcing: reports citing unnamed sources about production plans can move markets before verification.
• Legal risk: companies may pursue legal action for fabricated claims, which can create new volatility and reputational fallout.

How to verify future Cambricon production or capacity claims

• Check official channels: Cambricon’s corporate releases and filings on the STAR Market (科创板).
• Confirm with partners: validated customer announcements or distributor confirmations provide stronger evidence than anonymous tips.
• Look for consistent financial signals: production ramps typically show up later in revenue, inventory, and gross margin trends.
• Regulatory filings: capacity expansions may require permits or disclosures that show up in local filings or stock exchange notices.

Final note — investor posture and rumor management

Cambricon’s statement is a reminder to verify news through official disclosures.

The company denied the specific production‑capacity claims and signaled it may pursue legal remedies against those who spread falsehoods.

Until Cambricon issues formal, verifiable disclosures about production plans or capacity expansions, treat third‑party reports citing anonymous sources with caution.

Cambricon denies triple-output rumor will remain a reference point for investors monitoring Chinese AI chip supply chatter.

References

• 明年芯片产能提升3倍？寒武纪紧急辟谣！ – 深圳商报·读创
• 明年芯片产能提升3倍？寒武纪紧急辟谣！ – 东方财富
• Cambricon official website – Cambricon (寒武纪)