Nano Labs Stock Falls Friday as Market Digests H1 Net Loss, AI Pivot

Nano Labs Stock Falls Friday as Market Digests H1 Net Loss, AI Pivot

Shares of Nano Labs Ltd . (NASDAQ: NA ) are trading lower Friday morning after the company’s first-half 2026 financial release, where investors are weighing a widened net loss alongside management’s active pivot toward AI hardware integration and crypto treasury management .

Nano Labs’ unaudited financial results for the six months ended June 30 were released Friday morning.

Net revenue declined 66.4% year-over-year to RMB 2.8 million ($407.93 thousand USD), down from RMB 8.3 million in H1 2025, primarily due to lower sales volumes of its iPollo V Series products.

Net loss widened significantly to RMB 316.7 million ($46.5 million USD), or $2.00 per share, compared to a net loss of RMB 11.8 m...