BRIEF: Iluvatar rises in Hong Kong trading debut
Shares of AI chipmaker Shanghai Iluvatar CoreX Semiconductor Co. Ltd. (9903.HK) opened up 31.5% at HK$190.20 in their Hong Kong trading debut on Thursday, before paring the gains to close…
China’s chip consolidation accelerates with SMIC, Hua Hong buyouts
Two of the country’s leading fabs announced buyouts of government partners in their non-wholly owned subsidiaries last week Key Takeaways: SMIC and Hua Hong are consolidating ownership of their assets…
A decade in the making: Kunlunxin chips could bring excitement back to Baidu
The search giant and AI aspirant is considering a possible separate listing for its Kunlunxin chip unit, seeking a slice of a market currently led by Nvidia Key Takeaways: Baidu…
BRIEF: Nsing Technologies gets China’s regulatory nod for Hong Kong listing
Chip designer Nsing Technologies Inc. (300077.SZ) has been approved by China’s securities regulator for a Hong Kong IPO, paving the way for the company to list in the city. The…
China Int’l Development ditches leather for power semiconductors
The leather goods maker has signed an MOU to acquire power semiconductor maker Lonten, after an earlier deal to invest in a blockchain company collapsed Key Takeaways: China International Development…
Yangtze Memory overhauls share structure in preparation for IPO
China’s leading memory chip maker was worth $23 billion after its recent shareholding overhaul, and is likely to list in either Shanghai or Shenzhen Key Takeaways: YMTC has completed a…
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…
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