Aluminium matrix composites (AMCs) are important industrial component materials because of their light weight and high specific strength. With the increasing demand for higher service performance and improved fuel economy, components serving in the temperature range of 300~500 ℃ impose more stringent requirements on the high-temperature performance and thermal stability of AMCs. This review first summarizes the current fabrication methods and related research on AMCs. Afterward, on the basis of the recent new findings of advanced heat-resistant AMCs, the design principles and architectural strategies for achieving superior high-temperature performance are reviewed, and the key challenges and future trends are summarized. Finally, critical processing technologies and future development directions for high-performance AMCs are summarized and discussed.