shared a link post in group #The Most Important Thing
China's "Nvidia" Moore Threads to start trading. We might be on the verge of a new IPO cycle, companies raising a lot of money to build AI infrastructure, applications?
finance.yahoo.com/news/ai..
finance.yahoo.com
AI Chipmaker Moore Threads Begins Trading After China’s Second-Biggest IPO
The Beijing-based firm raised nearly 8 billion yuan ($1.13 billion), valuing the company at about $7.6 billion. The debut comes as optimism over China’s drive for tech self-sufficiency intensifies, fueled by trade tensions and fears of US technology curbs. The firm is also among those benefiting from a market share void left by Nvidia Corp.’s forced exit.