This Chinese chip giant is boosting production to try and take on Nvidia - but how will Huawei feel?

• Cambricon plans to produce 500,000 AI accelerator chips next year
• The Siyuan 590 and 690 models account for 300,000 units
• Current yield rates remain extremely low at only 20%

Chinese chipmaker Cambricon Technologies aims to triple AI chip production in 2026, seeking to fill the gap left by Nvidia’s retreat from the Chinese market.

Bloomberg reports that the company intends to produce approximately 500,000 AI accelerator chips next year, with 300,000 units consisting of its main Siyuan 590 and 690 models.

This represents a sharp increase from the roughly 142,000 units expected in 2025, yet Cambricon still faces major fabrication challenges.