An illustration photograph shows Moore Threads logo successful a smartphone successful Suqian, Jiangsu Province, China connected October 30, 2025.
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Shares of Moore Threads, a Beijing-based graphics processing portion (GPU) shaper often referred to arsenic "China's Nvidia," soared by much than 400% connected its debut successful Shanghai pursuing its $1.1 cardinal listing.
The banal is presently trading astatine 584.98 yuan, over 5 times its IPO terms of 114.28 yuan.
As U.S. curbs tighten, an expanding fig of Chinese chipmakers are pushing into the AI processor space.
Newer players similar Enflame Technology and Biren Technology person stepped in, aiming to seizure a stock of the billions successful GPU request nary longer served by Nvidia. China has besides been clearing much semiconductor IPOs successful its thrust for tech independence.
This is simply a processing story, delight refresh for updates.
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