Hygon's revenue jumps 58% on AI chip demand, but growth slows amid 51% stock slump

DIGITIMESOctober 20, 2026en

China's Hygon Information Technology reported a 57.58% increase in revenue for the first nine months of 2026, reflecting sustained demand for domestic high-performance processors and AI computing chips. Yet slower quarterly growth, mounting R&D expenditure and a steep share-price correction have highlighted the gap between the company's operating performance and market expectations.

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