Biren Technology (6082.HK) surged 8% during regular trading to HK$37.96.

The rally follows the chipmaker's first-half 2026 earnings preview, which guided revenue of RMB 1.15–1.3 billion — a roughly 19-fold to 21-fold year-on-year jump — driven by surging AI compute demand and accelerating GPGPU commercialization. Shareholder-attributable losses are expected to narrow by 75%–80% to RMB 320–400 million, reflecting scale benefits and margin improvement.

Morgan Stanley added approximately 769,500 shares at around HK$38.87 on Aug. 13, bringing its stake to 5.04%. Separately, CICC Research flagged Biren as a likely candidate for inclusion in an expanded Hang Seng Tech Index, which may grow to 50 constituents.

The board will convene on Aug. 28 to approve interim results and consider a dividend, keeping the market focused on the formal earnings release.