DEPLOYDatabase

Company

Cambricon Technologies

Shanghai-listed AI chip designer (SSE: 688256) spun out of the Chinese Academy of Sciences in 2016.

Founded
2016
HQ
Beijing, China
Status
private

The verified answer

As of Oct 2026, DEPLOY verifies Cambricon Technologies: 2 models, 1 active incident. 6 sources back the record.

Models

2

Employees

1.1k

Overview

Shanghai-listed AI chip designer (SSE: 688256) spun out of the Chinese Academy of Sciences in 2016. Designs GPGPUs and MLU (Machine Learning Unit) processors for cloud training and inference, positioned as a domestic alternative to Nvidia in China. Its flagship Siyuan 590 chip entered mass shipment in early 2025, driving a 4,000%+ revenue surge and the company's first profitable year.

Verified record

Verified deployments
None on file
Active incidents
1 incident on file

Valuation of record

Company-claimed
$12B (reported, approximate)as of Jul 2020

Priced roundIPO post-money

See the full valuations ranking →

Key facts

CEO

Chen Tianshi (Chairman & CEO)

Headquarters

Beijing, China

Founded

March 15, 2016

Stock Listing

SSE STAR Market (688256), IPO July 20, 2020

IPO Proceeds

$369 million (July 2020)

Key Product

Siyuan 590 GPGPU — cloud AI training/inference chip

Product Line

2024 Revenue

CN¥1.18 billion (~$163M)

H1 2025 Revenue

CN¥2.88 billion (~$403M), up 4,000%+ YoY

First Profit

Q4 2024 — first quarterly profit after 7 consecutive years of losses

Employees

1,107 (end of 2025)

Early Investors

Alibaba, Lenovo, iFlytek, Big Fund II (RMB 200B semiconductor fund)

US Entity List

Added December 15, 2022 by US Bureau of Industry and Security

Market Share

~1% of China AI chip market in 2024 (Bernstein); Nvidia 66%, Huawei Ascend 23%

Government Backing

Chinese Academy of Sciences (CAS) spin-out; state-owned enterprise

Manufacturing Partner

SMIC (Semiconductor Manufacturing International Corporation)

Hero image candidate

upload.wikimedia.org (source: Wikimedia Commons, CC BY-SA)

Data & sources

News coverage

2

Web sources

4

6 sources backing this record.View all →

Current leadership (3)

Former / Previously (1)

Safety record

1 incident on record (1 serious). Most recent: Dec 2022.

serious
1

Most recent: Dec 2022

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Incidents affecting Cambricon Technologies (1)

Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.

Recent coverage

Cambricon Technologies in third-party press

Peer companies