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ELECTRONICS | Chips & Semiconductors
cambricon.com

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Founded Year

2016

Stage

IPO | IPO

Total Raised

$101.4M

Date of IPO

7/20/2020

About Cambricon

Cambricon (688256.SZ) is developing a brain-inspired processor chip that simulates human nerve cells and synapses to conduct deep learning.

Cambricon Headquarter Location

11/F, Block D, Zhizhen Building 7 Zhichun Road, Haidian District

Beijing, Beijing,

China

+86 010-83030003

Latest Cambricon News

Nio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage

Jul 19, 2021

"Following" : "Follow"}} Share: A subsidiary of Chinese electric vehicle maker Nio Inc. (NYSE: NIO ) has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpost reported Sunday. What Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report. Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000). Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted. Why It Matters: Nio’s acquisition of a stake in a chip company comes amid the crippling global chip shortage that has disrupted manufacturing across sectors and even forced global automakers to halt production. More industry voices are now indicating the shortages could spill over to next year and requires investment. In April, Intel Corp. (NASDAQ: INTC ) CEO Pat Gelsinger warned that the global semiconductor chip supply shortage could stretch two more years. It was reported in October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose. Price Action: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.

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Research containing Cambricon

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cambricon in 2 CB Insights research briefs, most recently on Jun 24, 2021.

Expert Collections containing Cambricon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cambricon is included in 3 Expert Collections, including AI 100 2018.

A

AI 100 2018

99 items

G

Game Changers 2018

70 items

A

Artificial Intelligence

7,362 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Cambricon Patents

Cambricon has filed 132 patents.

The 3 most popular patent topics include:

  • Artificial neural networks
  • Artificial intelligence
  • Computational neuroscience
patents chart

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2/5/2019

9/14/2021

Artificial neural networks, Parallel computing, Instruction processing, Computer memory, Network protocols

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9/14/2021

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Artificial neural networks, Parallel computing, Instruction processing, Computer memory, Network protocols

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Cambricon Web Traffic

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Cambricon Rank

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