17 December 2025

Chinese AI chipmaker MetaX's shares jumped up to 755% in its Shanghai debut after a heavily oversubscribed $585.5M IPO, pushing its market cap past $42B (Bloomberg)

Bloomberg:
Chinese AI chipmaker MetaX's shares jumped up to 755% in its Shanghai debut after a heavily oversubscribed $585.5M IPO, pushing its market cap past $42B  —  MetaX Integrated Circuits Shanghai Co. soared in its first day of trading on Wednesday, the latest outsized debut by a Chinese chipmaker …

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