Investors are betting the chipmaker could become a key force in accelerating China’s AI efforts. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Moore the merrier as ‘China’s Nvidia’ soars on debut
Shares of Moore Threads Technology, dubbed by analysts as "China's Nvidia", soared on its debut in Shanghai on Friday on bets the US-blacklisted startup will benefit from Beijing's drive to boost ... ( read original story ...)
Developing | Moore Threads stock surge fivefold in Shanghai debut as investors rush for AI chipmaker
Moore Threads Technology surged by more than fivefold in Shanghai, as enthusiastic investors vied to get shares of the Beijing-based semiconductor supplier of chips for artificial intelligence (AI), ... ( read original story ...)
China’s Nvidia challengers set for bumper IPOs amid tech self-sufficiency drive
China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) ... ( read original story ...)
Shanghai to Allow Firms to Open Upgraded FT Accounts for Direct Cross-Border Funds Transfer
(Yicai) Dec. 4 -- The China Shanghai Pilot Free Trade Zone will launch a pilot program, allowing qualified companies to open an upgraded FT account, which will enable them to direct transfer funds ... ( read original story ...)
Tesla stock gains following good news from Shanghai Gigafactory
Sales of Tesla vehicles produced at its Shanghai Gigafactory increased by 9.9% year over year in November. Sales of Model 3 and Model Y vehicles made at the factory jumped 41% month over month, ... ( read original story ...)
Tesla on Pace for First Down Year in China Sales Ever. The Stock Is Rising.
The company produced more cars in China in November, bouncing back from a relatively weak October. Sales in Germany were less bad than recently. ( read original story ...)