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

Chinese artificial intelligence chipmaker Biren Technology is anticipating a staggering 22-fold increase in revenue driven by China's burgeoning high-tech sector. The Shanghai-based graphics processing unit (GPU) manufacturer, which made its public debut on the Hong Kong stock exchange in January, predicts first-half 2026 revenue could range from 1.15 billion yuan to 1.3 billion yuan, marking a massive year-on-year growth of 1,852 per cent to 2,107 per cent.

Biren attributes this revenue surge to accelerating commercialization and robust market demand for general-purpose GPUs, which are processors employed in AI applications for intricate tasks like coding and software agents. The company notes that the significant year-on-year revenue growth is amplified by a relatively low financial baseline in the first half of 2025, amplified by the concentration of high-end product deliveries in the second half of 2025.

This upbeat forecast highlights the broader momentum in the AI industry, as Chinese firms strive for technological self-sufficiency. Chip designers are profiting from the surge in demand for domestic chips, such as Biren, amidst the rapid expansion of AI infrastructure. In July, Biren unveiled its next-generation supernode architecture, which leverages optical data transmission to scale up to 1,024 cards across a cluster.

Sinolink Securities analyst Liu Gaochang said the increased supply of domestic GPUs and CPUs, along with major tech firms' ongoing capital expenditure revisions, could propel domestic computing power into a system-level volume deployment phase. While market optimism is high, Liu warns that intensified competition could lead to pricing pressure and squeezed profit margins, particularly in low- to mid-end categories.