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Jozhe

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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? https://finance.yahoo.com..
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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.

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