Cambrian's 2024 annual performance forecast: revenue increased significantly but losses remained

Cambrian-U (688256), a major domestic AI chip manufacturer, released its 2024 performance forecast. Although revenue is expected to exceed 1.07 billion yuan, a year-on-year increase of more than 51%, its net profit attributable to the parent company still lost more than 396 million yuan. Cambrian said that the company will continue to focus on the research and development of artificial intelligence chip products and technological innovation to achieve long-term profitability goals.