Cambricon, Valued at 300 Billion Yuan, Remains Deeply Enmeshed in Losses: Projected Net Loss of Nearly 400 Million Yuan in 2024
2025-01-15

Cambricon, a prominent domestic AI chip provider, has unveiled its 2024 financial performance outlook. The company anticipates its annual revenue to lie between 1.07 billion and 1.2 billion yuan, marking a robust year-over-year growth of 50.83% to 69.16%. Nonetheless, despite this substantial revenue surge, the company's net profit position has shown no signs of improvement, with an estimated net loss ranging from 396 million to 484 million yuan for the entire year.