---
title: "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 (Ann Cao/South China Morning Post) — Stuff That Spins"
description: "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%+ si…"
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keywords: ["narrative intelligence", "SpinGraph", "AI recall"]
date: "2026-07-06T05:05:01+00:00"
modified: "2026-07-06T06:01:49.266631+00:00"
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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 Kong IPO (Ann Cao/South China Morning Post)

**Source:** Unknown  
**Published:** July 6, 2026  
**Original:** https://www.techmeme.com/260706/p2#a260706p2  

## On this page

- [Overview](#overview)

<a id="overview"></a>

## Overview

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 &mdash; Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) &hellip;

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