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Ann Cao

Chinese artificial intelligence chipmaker Biren Technology projects that its first-half revenue could shoot up by up to 2,107 per cent amid the AI hardware boom, joining industry peers like Hygon Information Technology and Cambricon Technologies in reporting accelerating demand for home-grown chips.
The Shanghai-based graphics processing unit (GPU) maker, which debuted on the Hong Kong stock exchange in January, estimated revenue for the first six months of 2026 to reach between 1.15 billion yuan (US$170.5 million) and 1.3 billion yuan, with staggering year-on-year growth of 1,852 per cent to 2,107 per cent, according to its stock exchange filing on Monday.
Biren also projected that its net loss would narrow to between 320 million yuan and 400 million yuan, compared with a loss of 1.6 billion yuan during the same period in 2025.
The firm attributed the revenue surge to accelerating commercialisation and strong market demand for general-purpose GPUs, which are processors used in AI applications that handle complex tasks, including coding and agent software.
The company noted that the massive year-on-year revenue increase was amplified by the relatively low financial baseline in the first half of 2025, coupled with the concentration of high-end product deliveries in the second half of that year.
The upbeat forecast underscores broader momentum across the AI industry. As Chinese firms push for technological self-sufficiency, chip designers are capitalising on booming demand amid a rapid infrastructure buildout.
Biren and its competitors have also stepped up the commercialisation of “supernodes” this year. These advanced architectures are designed to knit hundreds or thousands of chips together to act as a giant supercomputer, maximising computing power.
In July, Biren unveiled its next-generation supernode architecture, using optical data transmission to scale up to 1,024 cards across a cluster.
“The improved supply of domestic GPUs and central processing units (CPUs), combined with the continuous upwards revision of capital expenditure by major tech firms, is expected to propel domestic computing power from chip integration into a system-level volume deployment phase,” Sinolink Securities analyst Liu Gaochang said in a research note in July.
Financial results across the sector reflect this broader trend. Hygon reported first-half revenue of 9.1 billion yuan – a 66.5 per cent year-on-year increase – driven by strong demand for high-end domestic chips. The company designs CPUs and deep computing units, which are specialised accelerator cards built for AI workloads.
Shanghai-listed shares of Hygon gained 2 per cent to 286.6 yuan (US$42.52) on Monday, while Biren’s rose 5.1 per cent to HK$38.28 (US$4.87) in Hong Kong.
Meanwhile, larger rival Cambricon also reported a 108 per cent year-on-year surge in first-half revenue to 6 billion yuan earlier this month, while profits jumped 122.6 per cent to 2.3 billion yuan.
Despite the market optimism, Liu of Sinolink Securities urged caution as competition intensified. As supportive government policies attracted more entrants, firms with weaker market positioning could face pricing pressure, potentially squeezing profit margins in low- to mid-end categories, he said.


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Massive financial gains across domestic chipmakers underscore how the push for self-sufficiency is reshaping demand for home-grown hardware


Massive financial gains across domestic chipmakers underscore how the push for self-sufficiency is reshaping demand for home-grown hardware.


AI chipmaker Biren projects up to 22-fold revenue surge amid China’s hi-tech boom

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Massive financial gains across domestic chipmakers underscore how the push for self-sufficiency is reshaping demand for home-grown hardware

Massive financial gains across domestic chipmakers underscore how the push for self-sufficiency is reshaping demand for home-grown hardware