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Benzinga
Benzinga
Business
Namrata Sen

'China's Nvidia' Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO

Nvidia Moore Threads China IPO United States Shanghai NVDA Donald Trump Jensen Huang Liang Wenfeng
Chipset,On,Circuit,Board,For,China,Semiconductor,Industry,,3d,Rendering

Shares of chipmaker Moore Threads Technology, dubbed China’s Nvidia (NASDAQ:NVDA), rose as much as 502% as it debuted in Shanghai on Friday. 

IPO Proceeds For Massive R&D

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