Hong Kong chip frenzy enters AI lane with Iluvatar IPO
The maker of general purpose GPUs used in AI computing has made its first public filing and passed its listing hearing for a Hong Kong IPO that could raise around…
Moore Threads taps China IPO investors as it faces challenges, opportunities
The GPU maker hopes to benefit from China’s drive to develop its domestic chip industry, as it navigates growing obstacles from U.S. sanctions Key Takeaways: Moore Threads has filed for…
Cambricon to raise $700 million in race to build a Chinese AI chip leader
The advanced chipmaker has posted strong recent revenue growth and became profitable at the end of last year, as it recovers from U.S. sanctions Key Takeaways: Cambricon aims to raise…
