September 1st – A person from Alibaba Cloud clearly told Securities Daily: Alibaba Cloud has always adhered to the "One Cloud, Multiple Chips" strategy and strongly supported the development of domestic supply chains. However, the online claim that Alibaba purchased 150,000 GPUs from Cambricon is completely untrue.
Previously, multiple financial media reports stated that "Alibaba increased orders for Cambricon Siyuan 370 (Siyuan 370) chips to 150,000 units to fill the gap in Alibaba Cloud’s inference demand." Such reports attracted widespread attention in the capital market but unfortunately failed to provide reliable sources.
Against the complex backdrop of surging AI computing demand and NVIDIA H20 supply cuts, this false news once spread widely. But with Alibaba Cloud’s clarification, market sentiment is expected to return to rationality.
Notably, Cambricon has performed exceptionally well recently:
- On August 28, its stock price surged by 15.73% to close at 1,587.91 yuan per share, with a total market value reaching 664.3 billion yuan.
- Its closing price even surpassed Kweichow Moutai (1,446.1 yuan per share), ranking first in A-shares.
- In H1 2025, Cambricon achieved revenue of 2.881 billion yuan (a year-on-year jump of 4,347.82%), net profit of 1.038 billion yuan, and non-recurring net profit of 913 million yuan – successfully turning losses into profits. Its weighted average return on net assets stood at 17.31%, and total assets reached 8.42 billion yuan (a year-on-year increase of 25.34%).
The semiconductor industry changes rapidly, and the computing chip market is highly competitive. ICgoodFind will continue to follow the dynamics of companies like Alibaba Cloud and Cambricon to provide the latest industry information.
ICgoodFind： we believe accurate industry news is key for market decisions. We’ll keep verifying updates on major players like Alibaba Cloud and Cambricon to deliver reliable insights.
