Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

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

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…

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

We haven't written up this one. SCMP Tech has the full story — the link below goes straight to it.

Read the original at scmp.com →

More in Finance & Markets

Government more than doubles domestic borrowing to Sh138.25 billion in July

The Kenyan government more than doubled its domestic borrowing in July, raising Sh138.25 billion from the local market as it began implementing the 2026/27 financial year budget.

  • Kenyan government doubled domestic borrowing to Sh138.25 billion in July
  • Borrowing increased 105.5% from Sh67.26 billion in July 2022
  • Domestic borrowing aims to meet fiscal financing requirement of Sh1.02 trillion

More from Monday 17 August →