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Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 per share (Bloomberg)

Bloomberg : Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 ...

27 August 2025

Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech (Rachel Yeo/Bloomberg)

Rachel Yeo / Bloomberg:
Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech  —  Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips …

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