Cambricon’s shares surged as much as 18% to nearly 1,680 yuan on Thursday, surpassing Yuanjie Semiconductor Technology’s share price of around 1,660 yuan that day, according to one source [1]. The company posted a 160% revenue increase to 2.89 billion yuan and a 185% profit gain to 1 billion yuan in the March quarter [1]. Cambricon also announced a cash dividend of 15 yuan per 10 shares, totaling more than 632 million yuan in April [1]. The company swung to a net profit of 2 billion yuan in 2024 after years of losses [1]. Cambricon attributes its strong growth to a sustained surge in AI industry computing power demand, stating the rise is driven by a "sustained surge in the AI industry’s computing power demand" [1]. Its market capitalization stands at about 572.1 billion yuan as of May 2026 [2].
Yuanjie Semiconductor Technology reported a net profit of 179 million yuan in the first quarter ending March 31, up 1,153% year-on-year, with revenue rising 321% to 355 million yuan [2]. Its share price closed at 1,418 yuan on Monday, rising elevenfold over the past year and topping Kweichow Moutai as China’s costliest stock by share price [2]. Yuanjie’s market capitalization is 121.8 billion yuan, significantly smaller than Cambricon’s [2]. The company manufactures laser chips used in AI data centers [2].
There is some variation in which company currently holds the highest share price among Chinese stocks. One source noted Cambricon’s shares almost reached 1,680 yuan on Thursday, beating Yuanjie’s about 1,660 yuan [1]. Another source reported Yuanjie’s Monday close at 1,418 yuan was China’s highest [2].
Cambricon briefly overtook Kweichow Moutai in stock price in August 2025 [1]. On May 1, 2026, Yuanjie’s share price closed at 1,418 yuan [2]. Cambricon shares rose sharply again later in May [1].
The next scheduled market update will follow quarterly earnings and share price releases in the coming months as both companies continue to benefit from growing AI computing demand.
