Moore Threads AI Chipmaker's IPO: A Major Milestone
Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Viernes
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Moore Threads, a leading Chinese AI chipmaker, debuts on Shanghai stock exchange, raising funds for AI & graphics chip projects. Despite net loss, revenue surges 182% as market benefits from US tech restrictions & domestic substitution trend. Offering is second-largest of the year, valuing company at 123x offer price.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
