--- title: AI chipmaker Cambricon’s sales miss points to tight chip... description: Cambricon's quarterly revenue doubled to 3.53B yuan ($529M), missing analyst forecasts of 6.26B yuan as the Chinese AI chipmaker struggles to produce enough... canonical: https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: AI chipmaker Cambricon’s sales miss points to tight chip supply in China | daily.dev og:description: Cambricon's quarterly revenue doubled to 3.53B yuan ($529M), missing analyst forecasts of 6.26B yuan as the Chinese AI chipmaker struggles to produce enough... og:url: https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef og:image: https://api.daily.dev/og/posts/zLd8pPzEf.png og:image:alt: AI chipmaker Cambricon’s sales miss points to tight chip supply in China og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # AI chipmaker Cambricon’s sales miss points to tight chip supply in China **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Cambricon's quarterly revenue doubled to 3.53B yuan ($529M), missing analyst forecasts of 6.26B yuan as the Chinese AI chipmaker struggles to produce enough chips. Net profit rose 148% to 1.4B yuan, and the company kept its 2026 revenue target of at least 13.5B yuan. Chinese chip designers face shortages of high-bandwidth memory, made mainly by Samsung, SK Hynix and Micron, and US-led sanctions stop those firms selling it to Chinese buyers, while local foundries like SMIC cannot get ASML's most advanced machines. Cambricon's inventory grew by about 3.4B yuan in the quarter, almost as much as its sales, and its shares have lost about half their value since a June high. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did Cambricon miss its Q3 2026 sales forecast despite revenue doubling? Cambricon struggled to manufacture enough chips to meet demand. Revenue doubled to 3.53B yuan ($529M) in the quarter, but still fell short of analysts' 6.26B yuan estimate. The shortfall reflects output constraints tied to a shortage of high-bandwidth memory and limited access to advanced chipmaking equipment, a problem affecting Chinese chipmakers broadly, including Huawei. _Engineers evaluating China's AI hardware options can follow chip supply constraints like these on daily.dev._ ### Why are Chinese AI chipmakers like Cambricon and Huawei facing chip shortages? They lack sufficient high-bandwidth memory, which is packed next to AI chips and made mainly by Samsung, SK Hynix and Micron, and US-led sanctions block those firms from selling it to Chinese buyers while local stockpiles run down. Chinese chipmakers also depend on local foundries like SMIC, which cannot access ASML's most advanced chipmaking machines due to export restrictions. _Anyone tracking AI hardware supply constraints can keep up with chip export control developments on daily.dev._ ### What share of China's AI chip market does Cambricon hold compared to Huawei? Morgan Stanley expects Cambricon to hold about 14% of China's AI chip market this year, making it second only to Huawei. Cambricon's chips run AI models from Chinese labs including DeepSeek and Moonshot, as Chinese firms try to reduce reliance on Nvidia, whose most advanced chips cannot be sold to China under US export rules. _Those comparing China's domestic AI chip vendors can track market share shifts like this on daily.dev._ ## Similar posts on daily.dev - [AI boom pushes Samsung to $1T](https://daily.dev/posts/ai-boom-pushes-samsung-to-1t-sd56defet) · TechCrunch · 0 upvotes · 0 comments - [Samsung sees no respite as memory shortage set to worsen](https://daily.dev/posts/samsung-sees-no-respite-as-memory-shortage-set-to-worsen-cor036clw) · TechCentral · 0 upvotes · 0 comments - [China’s CXMT swings to a nearly $20B profit as memory prices soar](https://daily.dev/posts/china-s-cxmt-swings-to-a-nearly-20b-profit-as-memory-prices-soar-jmvfxyjoi) · The Next Web · 0 upvotes · 0 comments - [Samsung expects record $80bn quarterly profit as AI memory demand soars](https://daily.dev/posts/samsung-expects-record-80bn-quarterly-profit-as-ai-memory-demand-soars-zjazbx6ag) · The Next Web · 0 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia) [View this post on daily.dev](https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"AI chipmaker Cambricon’s sales miss points to tight chip supply in China","url":"https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef"},"datePublished":"2026-10-23T17:51:46.437Z","dateModified":"2026-10-23T17:52:16.079Z","description":"Cambricon's quarterly revenue doubled to 3.53B yuan ($529M), missing analyst forecasts of 6.26B yuan as the Chinese AI chipmaker struggles to produce enough...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/ec8246a920fad92734b2753134412595?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/ec8246a920fad92734b2753134412595?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"nvidia","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"AI chipmaker Cambricon’s sales miss points to tight chip supply in China"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef#faq","mainEntity":[{"@type":"Question","name":"Why did Cambricon miss its Q3 2026 sales forecast despite revenue doubling?","acceptedAnswer":{"@type":"Answer","text":"Cambricon struggled to manufacture enough chips to meet demand. Revenue doubled to 3.53B yuan ($529M) in the quarter, but still fell short of analysts' 6.26B yuan estimate. The shortfall reflects output constraints tied to a shortage of high-bandwidth memory and limited access to advanced chipmaking equipment, a problem affecting Chinese chipmakers broadly, including Huawei. Engineers evaluating China's AI hardware options can follow chip supply constraints like these on daily.dev."}},{"@type":"Question","name":"Why are Chinese AI chipmakers like Cambricon and Huawei facing chip shortages?","acceptedAnswer":{"@type":"Answer","text":"They lack sufficient high-bandwidth memory, which is packed next to AI chips and made mainly by Samsung, SK Hynix and Micron, and US-led sanctions block those firms from selling it to Chinese buyers while local stockpiles run down. Chinese chipmakers also depend on local foundries like SMIC, which cannot access ASML's most advanced chipmaking machines due to export restrictions. Anyone tracking AI hardware supply constraints can keep up with chip export control developments on daily.dev."}},{"@type":"Question","name":"What share of China's AI chip market does Cambricon hold compared to Huawei?","acceptedAnswer":{"@type":"Answer","text":"Morgan Stanley expects Cambricon to hold about 14% of China's AI chip market this year, making it second only to Huawei. Cambricon's chips run AI models from Chinese labs including DeepSeek and Moonshot, as Chinese firms try to reduce reliance on Nvidia, whose most advanced chips cannot be sold to China under US export rules. Those comparing China's domestic AI chip vendors can track market share shifts like this on daily.dev."}}]} ```