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Shanghai-based AI chipmaker Biren raises $892.5M in a new share sale to boost GPU production; Biren's stock is up 150%+ since its January Hong K


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2026-07-06 05:09:28
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Cybersecurity Business

Ann Cao / South China Morning Post:

Shanghai-based AI chipmaker Biren raises ~$892.5M in a new share sale to boost GPU production; Biren's stock is up 150%+ since its January Hong Kong IPO  —  Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) …




Ann Cao / South China Morning Post:

Shanghai-based AI chipmaker Biren raises ~$892.5M in a new share sale to boost GPU production; Biren's stock is up 150%+ since its January Hong Kong IPO  —  Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) …



Source: TechMeme
Source Link: https://www.techmeme.com/260706/p2#a260706p2


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