Biren Technology revenue jumps 2,000% to $183.9M in first half

Chinese AI accelerator maker Biren Technology grew first-half 2026 revenue nearly 2,000% to $183.9 million, up from $8.7 million a year earlier. Gross profit reached $78.6 million at a 42.7% margin, though the company remains unprofitable due to heavy investment in accelerators, rack-scale systems and optical connectivity. Biren holds less than 3% of China's AI accelerator market.

• Revenue rose to $183.9M from $8.7M a year earlier
• Gross profit of $78.6M at a 42.7% margin
• Less than 3% share of China's AI accelerator market
• Competes with Huawei, Kunlunxin and Cambricon