Stampede for Moore Threads’ IPO as China flexes its GPU ambitions

Source: Tech – South China Morning PostChinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week.
The red-hot demand for Moore Threads highlights China’s determination to build home-grown alternatives to Nvidia’s chips, and is expected to accelerate listing plans for other domestic GPU developers, from MetaX to Biren…Read More

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