[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"branding":3,"analytics":7,"article-cambricon-sales-double-to-353b-yuan-missing-forecasts":10,"sections":41},{"siteName":4,"siteTagline":5,"publisherName":4,"contactEmail":6},"The Revision","Tech news, decoded.","editor@therevision.news",{"gaMeasurementId":8,"adsenseClientId":9},"G-ZW2MV82GYR","ca-pub-8533917693782264",{"article":11},{"id":12,"slug":13,"title":14,"dek":15,"body_md":16,"tags_json":17,"published_at":18,"created_at":19,"updated_at":20,"status":21,"review_note":22,"review_notes":23,"image_url":22,"persona_id":22,"persona_name":22,"section":30,"tags":31,"sources":36,"feedback":40,"feedback_at":22,"cost_usd":40,"total_tokens":40},12305,"cambricon-sales-double-to-353b-yuan-missing-forecasts","Cambricon Sales Double to 3.53B Yuan, Missing Forecasts","Cambricon's revenue doubled but landed 2.73B yuan under analyst estimates, as Chinese AI chipmakers contend with memory and manufacturing limits.","Cambricon, one of China's main AI chip designers, doubled its revenue in the third quarter of 2026 and still fell far short of what analysts expected.\n\nSales reached 3.53B yuan against a forecast of 6.26B yuan, a gap of 2.73B yuan, or roughly 44% of the expected figure. Profit rose 148%. The company kept its 2026 target in place.\n\nThe backdrop is a supply squeeze. Chinese AI chipmakers face shortages of high-bandwidth memory (HBM), the stacked memory that sits next to an AI processor and feeds it data. They also have limited access to advanced manufacturing, meaning the leading-edge factories that turn chip designs into silicon. A chip company can only sell what it can build, and both constraints cap output regardless of how many customers want the product.\n\nThat reading fits the numbers. Profit grew faster than revenue, which suggests the problem was volume rather than the economics of each chip sold. A company short on demand would more likely show weak sales and weak profit together. Analysts, by contrast, appear to have priced in a ramp that the supply chain could not deliver.\n\nHolding the 2026 target also puts weight on the fourth quarter. Whether Cambricon can close that gap depends less on its own designs than on whether memory and manufacturing capacity loosen in the next few months, and both sit largely outside its control.","[\"cambricon\",\"ai-chips\",\"china\",\"earnings\"]","2026-10-23T17:42:31.000Z","2026-10-23T18:03:39.330Z","2026-10-23T18:03:39.503Z","published",null,[24],{"id":25,"reviewer":26,"round":27,"reason":28,"status":29},"editor-r1","editor",1,"Remove the 'The source does not say...' line and the 'according to the reporting' hedge, which read as process notes from a truncated source, and cut or label the unsupported inferences (chips 'sold on good terms', 'Wall Street-style expectations', rivals filling the gap). Also state which year the third quarter is, and reconcile 'full-year target' with the source's '2026 target'.","resolved","hardware",[32,33,34,35],"cambricon","ai-chips","china","earnings",[37],{"name":38,"url":39},"The Next Web","https:\u002F\u002Fthenextweb.com\u002Fnews\u002Fcambricon-q3-sales-miss-chip-supply",0,{"sections":42},[43,48,53,58,63,68,70,75,80,85,90,95,100,105],{"name":44,"slug":45,"count":46,"latest_published_at":47},"AI","ai",7075,"2026-10-23T19:32:39.000Z",{"name":49,"slug":50,"count":51,"latest_published_at":52},"Security","security",1063,"2026-10-23T19:41:05.000Z",{"name":54,"slug":55,"count":56,"latest_published_at":57},"Policy","policy",581,"2026-10-23T16:58:39.000Z",{"name":59,"slug":60,"count":61,"latest_published_at":62},"Deals","deals",569,"2026-10-23T14:43:38.000Z",{"name":64,"slug":65,"count":66,"latest_published_at":67},"Consumer Tech","consumer-tech",293,"2026-10-23T18:42:54.000Z",{"name":69,"slug":30,"count":66,"latest_published_at":18},"Hardware",{"name":71,"slug":72,"count":73,"latest_published_at":74},"Science","science",217,"2026-10-23T16:13:16.000Z",{"name":76,"slug":77,"count":78,"latest_published_at":79},"Startups","startups",148,"2026-10-23T16:26:29.000Z",{"name":81,"slug":82,"count":83,"latest_published_at":84},"Software","software",143,"2026-10-23T19:28:10.000Z",{"name":86,"slug":87,"count":88,"latest_published_at":89},"Dev Tools","dev-tools",122,"2026-10-21T16:00:00.000Z",{"name":91,"slug":92,"count":93,"latest_published_at":94},"General","general",101,"2026-10-23T18:46:30.000Z",{"name":96,"slug":97,"count":98,"latest_published_at":99},"Gaming","gaming",88,"2026-10-22T22:25:33.000Z",{"name":101,"slug":102,"count":103,"latest_published_at":104},"Reviews","reviews",38,"2026-10-20T12:00:00.000Z",{"name":106,"slug":107,"count":108,"latest_published_at":109},"How-To","how-to",8,"2026-10-05T09:00:00.000Z"]