Moore Threads : Shares Skyrocket 469% Following $1.1 Billion IPO Debut
What happened with Moore Threads
Moore Threads, a Chinese AI-chip maker, stunned global markets when its shares soared 469% on its first trading day after the IPO. The IPO raised about 8.0 billion yuan (approximately $1.1 billion), making it one of the largest and most watched debuts on China’s STAR Market this year.
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