A flurry of recent listings have flooded a key industry with cash.
Executives and officials from Moore Threads celebrate the company's listing on the Shanghai STAR Market, December 5, 2025. Credit: STAR Market
It’s a good time to be a Chinese chip company, at least if you are looking to raise money on the stock markets.
A mini-flurry of chip company listings is underway in China, with investors keen to back firms whose success is central to the government’s economic vision. Moore Threads, a graphic processing units developer founded in 2020, raised over $1.1 billion in its initial public offering in Shanghai’s STAR market on December 5. MetaX, which also develops GPUs, followed suit on Decemb
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