Insta360 Margins Plunge 94% on Chip Costs and AI Pivot
A 94% collapse in first-half net profit at Insta360 underscores the escalating capital requirements for hardware makers navigating surging memory chip costs and aggressive artificial intelligence transitions in 2026.
The Shenzhen-based imaging technology firm reported a 50% year-on-year revenue surge to RMB 5.516 billion (US$