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Biren Technology projects first-half revenue surge amid AI chip demand
The Shanghai AI chipmaker estimates 1.15 billion yuan to 1.3 billion yuan in revenue for the first six months of 2026, while projecting its net loss will narrow to 320 million yuan to 400 million yuan.
Biren Technology, a Chinese artificial intelligence chipmaker, projects that its first-half 2026 revenue could rise by as much as 2,107% as demand for home-grown AI hardware accelerates.
According to a stock exchange filing cited by SCMP Economy, the Shanghai-based GPU maker expects revenue for the six months ending June to total between 1.15 billion yuan (US$170.5 million) and 1.3 billion yuan, a year-on-year increase of 1,852% to 2,107%.
The company also forecasts its net loss will narrow to between 320 million yuan and 400 million yuan, compared with a loss of 1.6 billion yuan in the same period of 2025.
Biren attributed the jump to faster commercialization and strong demand for general-purpose GPUs used in AI applications, and said the steep year-on-year growth was boosted by a relatively low financial baseline in the first half of 2025 and by the concentration of high-end deliveries in the second half.