{"id":8025,"date":"2025-09-27T01:32:19","date_gmt":"2025-09-27T01:32:19","guid":{"rendered":"https:\/\/jobuzo.com\/en\/chinese-ai-chip-developer-moore-threads-gets-go-ahead-for-shanghai-ipo\/"},"modified":"2025-09-27T01:32:19","modified_gmt":"2025-09-27T01:32:19","slug":"chinese-ai-chip-developer-moore-threads-gets-go-ahead-for-shanghai-ipo","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/chinese-ai-chip-developer-moore-threads-gets-go-ahead-for-shanghai-ipo\/","title":{"rendered":"Chinese AI chip developer Moore Threads gets go-ahead for Shanghai IPO"},"content":{"rendered":"<div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.968253968254\"><span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">Moore Threads Technology<\/span>, a Chinese developer of graphics processing units (GPUs), on Friday received approval for an initial public offering (IPO) on <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">Shanghai<\/span>&rsquo;s Nasdaq-style Star Market.<\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-y2bwcc e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"8.5298507462687\">Founded in 2020, <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">Beijing<\/span>-based Moore Threads plans to raise 8 billion yuan (US$1.1 billion) from its IPO, according to its prospectus.<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">It took the company just 88 days from filing an application for an IPO in June to receiving regulatory approval from the Shanghai Stock Exchange.<\/p>\n<div class=\"image-inline-container e1a5rv550 css-1llrc1m e1yqhwb40\" data-qa=\"Component-renderMap-StyledDiv\">\n<div class=\"image-inline caption e1fvabeq0 css-19sk4h4 ea9pn0s0\" data-qa=\"Component-Container\">\n<figure class=\"image-inline caption ea9pn0s1 css-1qeofuq e1gf69pb0\" data-qa=\"ArticleImage-ArticleImageContainer\">\n<div data-qa=\"ArticleImage-handleRenderImage-ImageContainer\" class=\"css-0 e1gf69pb3\"><\/div><figcaption data-qa=\"ArticleImage-DescriptionContainer\" class=\"css-1ixmelf e1gf69pb1\">Moore Threads&rsquo; MTT S400 AI graphics processing unit card Photo: Moore Threads<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Moore Threads plans to use the proceeds from its public listing on research and development for its multiple integrated circuit projects, including next-generation AI chips for training and inference tasks, according to its prospectus.<\/p>\n<\/div>\n<p><sub>Chinese AI chip developer Moore Threads gets go-ahead for Shanghai IPO<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moore Threads Technology, a Chinese developer of graphics processing units (GPUs), on Friday received approval for an initial public offering (IPO) on Shanghai&rsquo;s Nasdaq-style Star Market. Advertisement Founded in 2020, Beijing-based Moore Threads plans to raise 8 billion yuan (US$1.1 billion) from its IPO, according to its prospectus. It took the company just 88 days&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/chinese-ai-chip-developer-moore-threads-gets-go-ahead-for-shanghai-ipo\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Chinese AI chip developer Moore Threads gets go-ahead for Shanghai IPO&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":8026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8025","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\/8025","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=8025"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/8025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/8026"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=8025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=8025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=8025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}