Biren Technology, a Chinese AI accelerator supplier, announced a substantial revenue increase of 1,998% in the first half of 2026, reaching $183.9 million. This figure is up from approximately $8.665 million in the first half of 2025. The company's gross profit also rose to $78.552 million, with a gross margin of 42.7%.
The surge in Biren's sales began in the second half of 2025, coinciding with the implementation of US export control measures that restricted American companies, including Nvidia, from supplying AI GPUs to China. This created a void in the market, which domestic suppliers like Biren have begun to fill. Despite the revenue growth, Biren reported a net loss of $56.2 million, primarily due to ongoing investments in new products, including AI accelerators, optically-interconnected rack-scale solutions, and software development.
Biren Technology has developed several high-end AI GPUs, such as the BR106, BR110, and BR166, and is currently working on new accelerators like the BR20X, BR30X, and BR31X series. The company has also created its own software stack, Birensupa, designed to compete with Nvidia's CUDA. While Biren's shipments were in the thousands in 2025, compared to Nvidia's 2.2 million AI accelerators shipped to China in H1 2025 before controls, the recent growth indicates a shift in the domestic market.
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Chinese AI accelerator supplier Biren Technology reported a 1,998% year-over-year revenue increase in the first half of 2026, reaching $183.9 million. This growth follows the cessation of AI GPU supplies from American companies like Nvidia to China due to export controls, creating a demand for domestic alternatives.