Mainland AI chip designer Moore Threads plans Hong Kong listing

    Mainland AI chip designer Moore Threads plans Hong Kong listing

    People walk in front of the Exchange Square, which houses Hong Kong Stock Exchange, in the city’s Central financial district, on July 27, 2026. (SHAMIM ASHRAF / CHINA DAILY) Artificial intelligence chipmaker Moore Threads Technology Co said it plans to list in the Hong Kong Special Administrative Region at an “appropriate time” after its shares…

    Read More
    Zhang Jianzhong, founder and CEO of Moore Threads, pictured in November 2023. Photo: Handout

      Moore Threads unveils new AI chips to challenge Nvidia

      Chinese chip designer Moore Threads Technology has unveiled a suite of new products, including its next generation of chip architecture and artificial intelligence chips as it looks to challenge US chip-making heavyweights Nvidia and AMD. The Beijing-based firm, hailed as China’s “little Nvidia”, introduced two forthcoming chips Huashan and Lushan, named after two famous Chinese…

      Read More
      Moore Threads saw its shares soar 425 per cent on their Shanghai debut on December 5. Photo: DigiTimes

        Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans

        More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits. GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing…

        Read More
        The US government is said to be considering allowing Nvidia to sell its H200 AI chips to China. Photo: Shutterstock Images

          China’s Nvidia challengers set for bumper IPOs amid tech self-sufficiency drive

          China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijing’s tech self-sufficiency drive. Moore Threads opened a subscription lottery last week at 114.28 yuan per share, the highest pricing among A-share listings this year, and…

          Read More