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Camtricon forecasts 13.5 billion yuan in full-year revenue despite a Q3 shortfall caused by memory chip shortages and capacity constraints, with third-quarter revenue of 3.531 billion yuan missing analyst estimates while net profit rose 148%.
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Key sources
- SOURCE@dnystedt“Cambricon, China’s 2nd biggest AI chip developer, posted 3rd quarter revenue of 3.531 billion yuan (US$496M), far short of the 6.26 billion expected due to capacity constraints and memory chip shortages”x.com
- SUPPORT@zerohedge“CAMBRICON 3Q REV. 3.53B YUAN, EST. 6.26B YUAN”x.com
- SUPPORT@teortaxestex“in the first three quarters, the company achieved operating revenue of 9.526 billion yuan, a year-over-year increase of 106.76%”x.com
- SOURCEhuggingnewshuggingnews.com