Biren Technology Forecasts Up to 21x Revenue Surge in H1 2026 with Significantly Narrowed Net Losses
Nashnova编辑部
Biren Technology expects H1 2026 revenue of RMB 1.15–1.3 billion, up as much as 21 times year-on-year; its net loss is set to narrow from RMB 1.6 billion to no more than RMB 400 million as GPU commercialization shifts from concept to scale.
Why can revenue jump this many times over?
Biren forecasts H1 revenue of RMB 1.15–1.3 billion (roughly $171–193 million), a year-on-year increase of 1,852%–2,107%.
In plain terms = last year's H1 base was only a few hundred million yen-equivalent, so the percentage looks explosive partly because the starting point was tiny.
The company credits two drivers: strong demand for general-purpose GPUs and expanding use cases in AI programming and agent-based software.
This means → the surge reflects real demand, but also a "low base + back-loaded delivery" amplification — the percentage alone overstates momentum.
What does the narrowing loss tell us?
H1 net loss is projected at RMB 320–400 million, down from RMB 1.6 billion a year earlier — a reduction of more than 75%.
This means → as chip shipments rise, R&D and manufacturing costs spread over more units — scale economics are starting to show.
Biren has not yet reached breakeven; it remains in a "burn cash for scale" phase.
How does this fit the wider picture?
In the same period, domestic peers Hygon Information and Cambricon have also posted strong numbers.
This reflects a broader warming in homegrown AI-chip demand as Chinese tech firms accelerate hardware self-sufficiency.
Biren listed on the Hong Kong Stock Exchange in January this year. Whether its net loss narrows further — or flips to profit — in H2 will be the market's key test of commercialization quality.
Content is for reference only, not financial advice.