Constituents  ›  Cambricon

Cambricon寒武纪

688256.SH Edge AI compute Entity List · US-investable
Index weight
10.00%
Rank #2 of 41
Market cap
$97.9B
USD, live
PAI exposure
50%
Revenue from Physical AI
HQ
Beijing
Founded 2016
Valuation
$97.9B · market cap
via Yahoo Finance · 2026-08-28

About

Leading Chinese AI chip designer. MLU series chips for AI inference. IPO on STAR Market 2020.

Beijing, Beijing · Founded 2016 · Company website

Why in the Index

Leading domestic AI accelerator designer. MLU chips serve datacenter and edge inference — including robotics, AV, and embodied AI applications. On the US Commerce Entity List (Dec 2022); US-investable.

PAI exposure of 50% reflects the share of trailing-twelve-month revenue attributed to Physical AI activities. See methodology §4 for inclusion criteria and §6 for how PAI exposure scales the weight.

Recent activity

Aug 13, 2026
P

Cambricon (Chinese: 寒武纪) has adapted five major domestic large models, and its sixth-generation chip architecture is under development

Cambricon (Chinese: 寒武纪) reported strong H1 2026 financials and announced adaptation of five major domestic LLMs and development of its sixth-generation chip architecture.

IT Zhijia (IT之家)
Jun 17, 2026
+

ByteDance increases procurement of domestic chips, internet giants race to build AI compute moats

ByteDance reportedly plans to purchase at least 50,000 AI chips from Tianshu Zhixin for inference workloads, adding a third GPU supplier after Huawei and Cambricon (Chinese: 寒武纪).

36Kr (36氪)

Disclaimer

This profile is part of the China Physical AI Index — a public information product published by Tech Buzz China for informational and educational purposes only. It is not investment advice and is not a recommendation regarding Cambricon or any other security. Company data is based on public filings and TBC research; revenue-exposure estimates are point-in-time and subject to update. See the full methodology §11 and disclaimer page.