NVIDIA and MetaX chips side by side, highlighting competitive pressure after MetaX’s 700% IPO surge. After China-based GPU manufacturer MetaX recently debuted on the Shanghai market, the stock gained ...
The latest frenzy in artificial intelligence hardware has turned a little-known Chinese chip designer into the market's newest sensation, and its founder into the country's latest tech billionaire.
Chinese company MetaX Integrated Circuits Shanghai Co's shares surged 693% on the first day of trading on Wednesday, following its blockbuster initial public offering (IPO). This jump in MetaX ...
Chen Weiliang (second from right), Chairman and CEO of MetaX, at the company's listing ceremony. China’s push for semiconductor self-reliance has minted its second billionaire in as many weeks as ...
China’s domestic chipmaking industry is gaining momentum as U.S. sanctions on the export of advanced chips to that country accelerate local demand, prompting two of its major players to file for ...
MetaX Integrated Circuits Shanghai Co. soared in its first day of trading on Wednesday, the latest outsized debut by a Chinese chipmaker after similar gains by Moore Threads Technology Co. earlier ...
SHANGHAI, Dec 17 (Reuters) - MetaX Integrated Circuits jumped 700% in its Shanghai market debut as the Chinese AI chipmaker tapped into strong momentum triggered by Beijing's push to reduce reliance ...
MetaX and Moore Threads are much smaller firms but analysts say investors are buying into the prospect of China ramping up its chip industry to eventually rival the US giant. Shares in China's MetaX, ...
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