In 2025, ai news focused on two Chinese GPU champions as Biren Technology and Iluvatar CoreX reported surging revenues driven by wider adoption of home-grown chips. Both firms posted annual revenue of about 1. 03 billion yuan, even as each remained in the red.
What explains the Ai News of revenue surges?
Biren’s annual revenue rose 207. 2 percent year on year to 1. 03 billion yuan, outpacing a consensus estimate of 954. 5 million yuan. Iluvatar CoreX posted revenue of 1. 03 billion yuan, an increase of 91. 6 percent from the prior year. The companies attributed the surge in revenues to wider adoption of their chips. Biren said it had completed “volume production and at-scale shipment” of its general-purpose GPUs (GPGPUs) BR106 and BR166. Iluvatar CoreX said its shipment volumes of GPGPUs increased by 168. 5 per cent during the year.
How did the financial picture look beyond sales?
Despite the revenue gains, both firms recorded substantial losses: Biren showed a loss of 16. 5 billion yuan, while Iluvatar CoreX posted a loss of 1 billion yuan. The contrast — rapid top-line growth alongside continued net losses — reflects heavy investment and scale-up costs even as domestic demand expanded.
What does this mean for China’s chip strategy and the market?
The revenue momentum occurred as Beijing accelerates the push for adoption of home-grown chips in the nation’s AI data centres. The shipment increases came at the same time that Nvidia was seeking to return to the Chinese market with its H200 processors. Other Chinese AI chipmakers, including Cambricon Technologies, Moore Threads and MetaX Integrated Circuits, also posted stellar revenue growth for 2025, driven by the country’s growing appetite for domestic computing power.
For firms like Biren and Iluvatar CoreX, the current landscape is one of competing pressures: rapidly scaling production and shipments to meet demand while managing large accumulated losses. The companies’ own statements highlight progress in moving from development to “volume production and at-scale shipment, ” a milestone that helped lift revenues even as profitability remains elusive.
ai news about these shifts underscores a larger transition: domestic GPU makers are achieving measurable commercial traction, and shipment growth is translating into significant revenue lines even before profits return. The pattern across several Chinese chipmakers points to a broad-based appetite for local computing power in AI data centres.
As Biren and Iluvatar CoreX navigate the next phase, observers will watch whether sustained shipments and further scale can close the gap between revenue growth and long-term profitability. For now, the numbers show a clear commercial step forward amid a national push for chip self-sufficiency.
The raw figures — matched revenues of about 1. 03 billion yuan for both Biren and Iluvatar CoreX, shipment increases the companies, and the contextual push from Beijing — return the story to its central fact: domestic demand has helped drive a significant revenue leap for multiple Chinese GPU makers in 2025. That advance offers both a glimpse of industrial momentum and a reminder of the financial hurdles that remain.
