Cambricon chairman denies rumored 1M-chip shipment target for next year

The chairman's pushback is less about the shipment figure itself than about information discipline: by anchoring disclosure to SSE filings and the company's own site, Cambricon is trying to close the gap between market rumor and regulated communication. That matters for a stock whose narrative is tightly bound to AI chip volumes, where unofficial targets can move sentiment faster than filings. The open question is whether the company will pair this denial with clearer, disclosure-compliant guidance on capacity and demand, or leave the speculation to circulate unaddressed.