BIREN TECH's stock price soared 6.08% during the intraday session on Thursday, marking a significant upward movement for the semiconductor company.

The surge follows recent industry developments where major domestic AI models, including DeepSeekV4 and KimiK2.6, have been adapted to run on domestic AI chips such as those offered by BIREN TECH. This shift establishes a collaborative "domestic computing power + domestic models" ecosystem, enhancing independent control within China's AI industry and creating direct demand for the company's products.

Analyst coverage has added to the positive sentiment. Everbright Securities initiated coverage on BIREN TECH with a "Buy" rating, citing several future catalysts. These include the volume production of the company's high-performance BR166 and BR20X series chips, the continued expansion of China's advanced semiconductor production capacity expected to improve supply chains by late 2026 to 2027, and the anticipated commercialization of its products for a broader client base including internet companies. The firm is optimistic about BIREN TECH's earnings growth and valuation potential given these developments.