China’s Moore Threads Rockets 502% in Historic IPO Debut as Semiconductor Independence Drive Intensifies
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, experienced a spectacular trading debut on the Shanghai Stock Exchange’s STAR Market on Friday, with shares soaring as much as 502% after raising 8 billion yuan ($1.13 billion) in what has become the year’s second-largest onshore initial public offering. The extraordinary first-day performance, if sustained, […]




