Biren Technology projected revenue between 1.15 billion and 1.3 billion yuan in the first half of 2026, driven by demand for artificial intelligence chips developed in China. The GPU maker disclosed the estimates in a document submitted to the Hong Kong Stock Exchange on Monday (17).
The range represents growth of 1,852% to 2,107% compared with the first six months of 2025. At the upper end of the projection, revenue will be more than 22 times higher than a year earlier.
The company, based in Shanghai, also expects to reduce its net loss to a range between 320 million and 400 million yuan. In the same period of 2025, the loss had reached 1.6 billion yuan.
Demand for Chinese GPUs advances
The expansion comes amid rising domestic demand for AI-focused hardware. Chinese manufacturers such as Hygon Information Technology and Cambricon Technologies are also seeing accelerating demand for chips developed in the country.
Biren produces graphics processing units, or GPUs, aimed at high-intensity computing workloads, including AI applications.
The company debuted on the Hong Kong Stock Exchange in January 2026. The projections released now cover its first six months of the year as a listed company.
