Cambricon plans to triple AI chip output to fill Nvidia’s gap in China

Summary

Beijing-based Cambricon Technologies is preparing to more than triple production of its AI accelerator chips in 2026, targeting around 500,000 units—including up to 300,000 of its latest Siyuan 590 and 690 processors—in an effort to capture market share left open by U.S. sanctions on Nvidia. The company intends to rely largely on Semiconductor Manufacturing International Corporation’s 7‑nanometre ‘N+2’ process, underscoring how China’s domestic chip ecosystem is scaling to support large‑model training despite export controls.