15 June 2026

Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market (April Ma/Bloomberg)

April Ma / Bloomberg:
Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market  —  Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering …

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