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Article: Chinese chip firms Cambricon, Moore Threads post sales jump on surging domestic demand

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Major Chinese chip designers Cambricon, Moore Threads, and MetaX posted dramatic revenue and profit growth for 2025, driven by surging domestic demand for semiconductors. Cambricon reported its first full-year profit since its 2020 listing, with revenue soaring 450%, while Moore Threads' revenue jumped 243%.

This growth is attributed to China's push for technological self-sufficiency and rising demand for AI computing resources. Cambricon, positioned as a domestic alternative to U.S. firms like Nvidia, credited its competitive products for increasing its market share.

The main topics covered are the financial performance of specific Chinese semiconductor companies, the drivers of growth in domestic demand, and China's broader technology self-sufficiency initiative.

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https://www.scmp.com/tech/article/3344927/chinese-chip-firms-cambricon-moore-threads-post-sales-jump-surging-domestic-demand?utm_source=rss_feed

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Tech - South China Morning Post

Published Date

2026-02-27 14:26

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2026-03-04 14:29

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2026-03-04 15:24

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Chinese chip firms Cambricon, Moore Threads post sales jump on surging domestic demand
Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent
Chinese chip designers from Cambricon Technologies and Moore Threads Technology to MetaX Integrated Circuits posted stellar earnings on Friday, driven by growing demand for domestic semiconductors amid Beijing’s tech-sufficiency push.
Beijing-based Cambricon, seen as a local alternative to US chip giant Nvidia, reported a net profit of 2.06 billion yuan (US$301 million) for 2025, its first full-year profit since listing in 2020, according to a filing to the Shanghai Stock Exchange.
Revenue for the year rose 450 per cent to 6.5 billion yuan from a year earlier.
The company credited the revenue growth to the competitiveness of its chip products, which lifted its market share amid rising demand for artificial intelligence computing resources that support AI adoption across diverse business scenarios.
Cambricon’s shares closed 0.8 per cent higher at 1,178 yuan.
Moore Threads and MetaX reported annual revenues of 1.5 billion yuan and 1.6 billion yuan for 2025, up 243 per cent and 121 per cent year on year, respectively.