Nvidia's Chinese Rival Enflame Soars Over 220% in Shanghai Debut As Investors Bet on Domestic AI Chips
Chinese AI chipmaker Enflame Technology soared more than 223% in its Shanghai debut after raising 6.12 billion yuan in its IPO.
A Chinese company that makes computer chips for artificial intelligence just sold shares to the public and the stock jumped way up. When people get super excited about a new stock on its first day, watch if that excitement stays real or fades fast.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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