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China Chipmaker Moore Threads Soars

Nvidia challenger Moore Threads jumps 425% in China debut

Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion), marking the biggest first-day pop for a major IPO since China’s 2019 reforms.

Yicai Global · 5h

Moore Threads Soars Over Fivefold as ‘China’s Nvidia’ Makes Shanghai Trading Debut

The Edge Singapore · 19h

Chinese chipmaker Moore Threads soars 502% after US$1.1 bil IPO

· 14h

China’s Nvidia rival jumps 500pc on stock market debut

Moore Threads raised more than $1bn following its initial listing and is now valued at $40bn

· 22h

Moore Threads, 'China's Nvidia', soars over 400% in Shanghai debut

· 16h

China’s bet on home-grown chips pays off with Moore Threads blockbuster debut

· 10h

China's Nvidia Just Surged 425%--And It's Only Getting Started

Analysts note that Chinese AI chips and models still trail foreign platforms in important areas, but the combination of policy support, engineering investment, and soaring investor enthusiasm could he...

· 19h

Moore Threads shares jump fivefold in Shanghai trading debut in rush for 'China's Nvidia'

· 18h

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

21h

Chinese Challenger To Nvidia Mints A New Billionaire As Its Stock Soars Over 420% In Trading Debut

The 59-year-old chairman and CEO of the Beijing-based firm has amassed a fortune of $4.3 billion based on his stake in the company, according to Forbes estimates. Moore Threads raised 8 billion yuan ($1.1 billion) in late November by selling 70 million shares at 114.28 yuan apiece, according to its prospectus.

24/7 Wall St. on MSN

China Threatens Nvidia With Its Own Company

Moore Threads shares rose 500% on their first day of trading on the Shanghai stock exchange. The company is China's answer to Nvidia.

17h

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

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,

As China's Nvidia challenger Moore Threads surges 500% in stock market debut, meet its founder James Zhang, also an ex-Nvidia employee. His career, education

Moore Threads, a Chinese chip firm, has made a remarkable stock market debut. Founded by James Zhang, formerly of Nvidia, the company's valuation soared, reflecting investor belief in China's push for chip independence.

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) amid Beijing’s tech self-sufficiency drive.