4 h. ago ‘China’s Nvidia’ shows that the global chip race is heating up as it basks in post

‘China’s Nvidia’ shows that the global chip race is heating up as it basks in post-IPO glow  MarketWatch

Politics

13 h. ago China's 'little Nvidia' aspires to become 'leading global player' after shares soar 468%

China's 'little Nvidia' aspires to become 'leading global player' after shares soar 468%  Yahoo Finance

Politics

14 h. ago Moore Threads aspires to become ‘leading global player’ in AI chips after IPO

Moore Threads, a five-year-old graphics processing unit (GPU) developer created by Nvidia’s former China chief, aspires to become one of the leading global players in artificial intelligence chip development, its founder and CEO Zhang Jianzhong said. Zhang, Nvidia’s China general manager from 2006 to 2020, was quoted as saying by the official Shanghai Securities Journal that the start-up would introduce a new-generation chip each year to provide key hardware for China’s AI development. “Our goal...

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16 h. ago China’s Baidu Is Said to Weigh Hong Kong IPO for AI Chip Unit Kunlunxin

China’s Baidu Is Said to Weigh Hong Kong IPO for AI Chip Unit Kunlunxin  Yahoo Finance

Politics

18 h. ago China Chipmaker Moore Threads Soars 502% After $1.1 Billion IPO

China Chipmaker Moore Threads Soars 502% After $1.1 Billion IPO  Yahoo Finance

Economics

2 d. ago From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market

Hong Kong’s booming fundraising market is set for another busy week, with four companies scheduled to debut this week and a string of billion-dollar listings – including Chinese luxury electric vehicle maker Avatr Technology – lining up behind them. Among this week’s newcomers, chip materials supplier Guangdong Tianyu Semiconductor plans to raise the highest sum, seeking up to HK$1.74 billion (US$223.42 million) from the sale of 30.07 million shares. The shares have been priced at HK$58 each....

Economics

8 d. ago Stampede for Moore Threads’ IPO as China flexes its GPU ambitions

Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week. The red-hot demand for Moore Threads highlights China’s determination to build home-grown alternatives to Nvidia’s chips, and is expected to accelerate listing plans for other domestic GPU developers, from MetaX to Biren...

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