
Biren Technology forecasts 1,852% to 2,107% year-on-year revenue growth for H1 2026, driven by strong demand for AI-focused GPUs, with projected revenue of ¥1.15-1.3 billion (US$170.5-218 million) and narrowing net loss.
AI-generated summary
Biren Technology debuted on the Hong Kong Stock Exchange in January 2026, amidst a global surge in AI hardware demand.
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.
AI outlook — possibilities, not facts
Biren Technology will face increased competition in the AI GPU market by the end of 2026.
Likely · Within months
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