Chinese chipmaker Enflame 4,073 times oversubscribed in Shanghai IPO amid Nvidia race

Enflame Technology, one of China’s leading AI chipmakers, has sparked a retail frenzy for its 6.12 billion yuan (US$910.

9 million) initial public offering (IPO) in Shanghai’s tech-heavy Star Market, underscoring growing investor appetite for home-grown alternatives to Nvidia. The Tencent Holdings-backed chipmaker saw t...

via South China Morning Post