{"id":11250,"date":"2025-11-27T13:41:02","date_gmt":"2025-11-27T13:41:02","guid":{"rendered":"https:\/\/jobuzo.com\/en\/stampede-for-moore-threads-ipo-as-china-flexes-its-gpu-ambitions\/"},"modified":"2025-11-27T13:41:02","modified_gmt":"2025-11-27T13:41:02","slug":"stampede-for-moore-threads-ipo-as-china-flexes-its-gpu-ambitions","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/stampede-for-moore-threads-ipo-as-china-flexes-its-gpu-ambitions\/","title":{"rendered":"Stampede for Moore Threads\u2019 IPO as China flexes its GPU ambitions"},"content":{"rendered":"
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Chinese onshore investor frenzy for artificial intelligence<\/span> chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week.<\/div>\n

Cambricon Technologies, a Shanghai-listed AI chipmaker, has also become one of the most sought-after stocks in the city, with its share price doubling in 2025.<\/p>\n

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Backed by tech giants including Tencent Holdings and ByteDance, Moore Threads opened lottery-style subscriptions on Monday at an IPO price of 114.28 yuan.<\/p>\n

Online orders from retail investors exceeded the number of shares on offer by more than 4,000 times, resulting in a final allotment rate of just 0.036 per cent, according to a company filing on Wednesday.<\/p>\n

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Moore Threads raised about 8 billion yuan, valuing the company at 53.7 billion yuan. Its debut date has yet to be finalised.<\/p>\n<\/div>\n

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Stampede for Moore Threads’ IPO as China flexes its GPU ambitions<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week. Cambricon Technologies, a Shanghai-listed AI chipmaker, has also become one of the most sought-after stocks in the city, with…<\/p>\n

Read More “Stampede for Moore Threads\u2019 IPO as China flexes its GPU ambitions”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":11251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=11250"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/11251"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=11250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=11250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=11250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}