US export controls have reshaped the Chinese AI accelerator market, and Biren Technology is capturing the resulting demand. The company reported first-half revenue of $183.9 million, a 1,998% jump from $8.665 million in the same period last year. This surge matters because it signals that domestic hardware providers are filling the gap left by US chipmakers. Buyers in China now have viable alternatives to Nvidia and AMD products that are no longer available.
Domestic chipmaker captures demand left by US export controls
Biren Technology operates as a key supplier of AI accelerators in China. The firm markets several GPU models, including the BR106, BR110, BR166, BR20X, BR30X, and BR31X. These chips target data centers and enterprise workloads that previously relied on foreign hardware. The company is also developing the Birensupa software stack to support its hardware.
- 1H 2026 Revenue: $183.9 million
- 1H 2025 Revenue: $8.665 million
- 1H 2026 Gross Profit: $78.552 million
- 1H 2026 Gross Margin: 42.7%
- 1H 2026 Net Loss: $56.2 million
The financial results show improved efficiency alongside rapid growth. Gross profit rose to $78.552 million, pushing the gross margin to 42.7%. The company still posted a net loss of $56.2 million due to heavy R&D investments. Jon Peddie Research noted that Biren's products appear competitive with those from AMD and Nvidia on paper. This assessment suggests the hardware meets industry performance standards.
Biren's market position remains small relative to the total Chinese AI accelerator market. Its share of the domestic market was below 3% in 2025, when total revenue reached $154.17 million. Nvidia still supplied approximately 2.2 million AI accelerators to China in the first half of 2025. Biren's future growth depends on securing manufacturing capacity from SMIC or other foundries. The company is also working on rack-scale optical interconnect solutions to enhance its offerings.
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