CAMBRICON Surges Nearly 13% After Results, Hits Record High

AASTOCKS News
2026.04.30 02:53
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AI chip stock CAMBRICONsurged nearly 13% to a record high of RMB1,598.79 after reporting impressive results. The stock opened 4% higher, with a market capitalization exceeding RMB670 billion. In Q1 2026, CAMBRICON recorded revenue of RMB2.885 billion, a 159.56% increase year-over-year, and a net profit of RMB1.013 billion, up 185.04% YoY.