Title: Chinese AI Chipmaker Biren Sees Revenue Soar Up to 2,107% on Domestic Demand

📡 South China Morning Post (SCMP) · 1 min read ·
Title: Chinese AI Chipmaker Biren Sees Revenue Soar Up to 2,107% on Domestic Demand
**Article:** Chinese artificial intelligence chipmaker Biren Technology has projected a massive surge in first-half revenue, forecasting growth of up to 2,107 percent. The Shanghai-based company, which makes graphics processing units (GPUs), expects revenue for the first six months of 2026 to reach at least 1.15 billion yuan. This dramatic increase reflects a broader boom in demand for home-grown chips in China. Biren joins peers such as Hygon Information Technology and Cambricon Technologies, which have also reported accelerating sales as the country pushes for greater self-reliance in AI hardware. Biren, which listed on the Hong Kong stock exchange in January, is benefiting from a national drive to reduce dependence on foreign semiconductors. GPUs are essential for training and running AI models, making them a key focus of this push. The company’s projection underscores the rapid growth of China’s domestic AI supply chain, even as global competition in the sector intensifies. The revenue estimate, however, remains subject to final audit and market conditions.