China Chipmaker Moore Threads Soars After IPO
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China Chipmaker Moore Threads Soars After IPO
Moore Threads Technology Co. surged in its Shanghai trading debut after raising 8 billion yuan in the year's second-largest onshore IPO. Bloomberg's Gao Yuan explains what the challenges ahead will be.
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Bloomberg Television on Instagram: "Moore Threads surged in its Shanghai trading debut after raising $1.13 billion in the year’s second-largest onshore IPO. The leading Chinese AI chipmaker wants to be the next Nvidia. Others have said the same before. Annabelle Droulers reports what makes Moore Threads different. Tap the link in bio for more."
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