Tags: Cambricon

China has halted the sale of Nvidia's AI chips after regulators summoned major domestic firms, including Huawei, Cambricon, Alibaba and Baidu, to compare their own processors with Nvidia's limited‑supply products. Officials concluded that Chinese AI chips now match or exceed the performance of the Nvidia chips allowed under U.S. export controls, prompting a consensus that domestic supply can meet demand without further Nvidia imports. Nvidia recently introduced the RTX Pro 6000D in Beijing, while regulators warned companies against purchasing Nvidia’s H20 chip, signalling a tightening of restrictions on foreign AI hardware. Ler mais

Cambricon Technologies, a Beijing‑based AI chip designer, has seen its market value soar above RMB580 billion, driven by a revenue surge to RMB28.81 billion in the first half of 2025 and a net profit of RMB1.038 billion. The company’s Siyuan chips, touted to approach Nvidia’s market‑leading performance, have propelled this growth. Yet the bulk of sales come from a single, unnamed cloud provider, and the firm remains on a U.S. trade blacklist that limits access to overseas suppliers. Investors are weighing the rapid financial turnaround against customer concentration and geopolitical headwinds. Ler mais