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Tencent-Backed Chipmaker Enflame to Debut After $911 Million IPO
Source: Bloomberg
Artificial IntelligenceIPOs & SPACsTechnology & InnovationPrivate Markets & Venture
Tencent-backed Shanghai Enflame Technology will begin trading in Shanghai on Friday after raising about 6.12 billion yuan ($911 million) in its IPO. The listing brings the last of China’s “four little dragons” of leading AI-chip makers to the public market, signaling continued investor funding for domestic AI semiconductor development.
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