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Cambricon targets 500,000 AI chips in 2026 as China accelerates domestic hardware push — low yields and limited HBM supply could threaten chip ambitions

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Cambricon Technologies is preparing one of the most aggressive production ramp-ups attempted by a Chinese AI chipmaker. According to figures reported by Bloomberg, the company aims to deliver around 500,000 AI accelerators in 2026, including as many as 300,000 units of its Siyuan 590 and 690 processors.

These numbers, which would more than triple Cambricon’s 2025 output, come at a time when Chinese companies are reworking their hardware roadmaps in response to U.S. export controls and general…

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