Cambricon projects revenue growth of over 50% in 2024 with narrowing losses

Digitimes
By Levi LiJan 16, 2025, 1:42 am172 pts
Cambricon Technologies, a leading AI chipmaker in China, has announced its 2024 financial forecast, estimating annual revenue of CNY1.07 to CNY1.2 billion (approx. US$146 to US$164 million). This marks a robust year-over-year growth of 50.8% to 69.2%. The company attributed the projected increase to its ongoing…

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