China’s “Nvidia” Just Exploded 400% on Debut — And It’s a Big Warning Shot in the Global Chip Race
Key Points Shares of Moore Threads, widely dubbed “China’s Nvidia,” delivered a blockbuster market debut in Shanghai, skyrocketing more than 400% after the company raised $1.1 billion in its highly anticipated IPO. The stock closed at 600.500 yuan, more than five times its IPO price of 114.28 yuan, marking one of the strongest tech debuts … Read more