MetaX Shares jump 700% on listing, fueled by rising demand for China AI chips

On December 17, 2025, MetaX shares burst into the spotlight with a huge debut on the Shanghai stock market. The Chinese AI chip maker saw its stock price soar roughly 700% on listing day. That kind of jump is rare. It shows how strong the demand for AI chips is right now. China wants to build its own cutting-edge technology and cut reliance on foreign suppliers.