Nvidia's Would-Be China Replacement Just Soared More Than 200% on Debut
Enflame stock soared more than 200% in its Shanghai trading debut on Friday. The listing completes the run of China’s four leading domestic AI chip startups. The Tencent-backed company is building alternatives to Nvidia processors. It has yet to turn a profit. Enflame Stock Jumps 200% as China’s AI Chip Startup Goes Public Enflame set The post Nvidia's Would-Be China Replacement Just Soared More Than 200% on Debut appeared first on BeInCrypto.
Key Takeaways
- Enflame stock soared more than 200% in its Shanghai trading debut on Friday.
- The listing completes the run of China’s four leading domestic AI chip startups.
- The Tencent-backed company is building alternatives to Nvidia processors.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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