An illustration photograph reveals Moore Threads emblem in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025.
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Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) producer also known as “China’s Nvidia,” soared by greater than 400% on its debut in Shanghai following its $1.1 billion itemizing.
The inventory is at the moment buying and selling at 584.98 yuan, over 5 instances its IPO worth of 114.28 yuan.
As U.S. curbs tighten, an rising variety of Chinese language chipmakers are pushing into the AI processor house.
Newer gamers like Enflame Know-how and Biren Know-how have stepped in, aiming to seize a share of the billions in GPU demand now not served by Nvidia. China has additionally been clearing extra semiconductor IPOs in its drive for tech independence.
