Moore Threads Skyrockets 400% After $1.1B IPO, Challenging Nvidia’s China Grip
(Market Pulse) – Moore Threads ($688261.SS) exploded onto the Shanghai Stock Exchange, with shares soaring over 400% after a $1.1 billion IPO, illustrating China’s escalating drive to become self-reliant in AI hardware. The debut has injected new momentum—and billions of yuan—into the domestic chip war, directly challenging U.S. giant Nvidia ($NVDA). 💰 The Bottom Line…
