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Hong Kong chip frenzy enters AI lane with Iluvatar IPO

The maker of general purpose GPUs used in AI computing has made its first public filing and passed its listing hearing for a Hong Kong IPO that could raise around $300 million

This article only represents the author's own views.

Call it microchip mania or a silicon feeding frenzy. Whatever you name it, China's AI chip sector is having its moment, feeding on the glory of global superstar Nvidia, which lived in obscurity for years before breaking out to become the world’s most valuable company.

Two homegrown AI chipmakers captivated investors this month with spectacular stock debuts that made them some of the hottest properties on China’s domestic stock markets. Moore Threads (688795.SS) saw its shares surge over 400% when it debuted in Shanghai this month. Two weeks later, rival MetaX (688802.SS) soared by an even bigger 700% in its Shanghai debut.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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