Moore Threads, China's leading GPU manufacturer, saw its stock price soar over five times its IPO price during its debut on Shanghai's STAR Market, amid an increasing demand for domestic chip ... ( read original story ...)
China chipmaker Moore Threads soars 469% after $1.1 billion IPO
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, surged in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion) in the year’s second-largest ... ( read original story ...)
China’s Nvidia-like Moore Threads soars 469% after $1.5 billion IPO
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 ...)