this post was submitted on 17 Dec 2025
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MetaX soars in frenzied debut as traders snap up second Chinese GPU maker to go public (www.scmp.com)
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MetaX Integrated Circuits soared on its trading debut in Shanghai, as investors piled into the second producer of graphics processing units (GPUs) to go public this month amid optimism about China’s push for self-sufficiency in semiconductors and artificial intelligence. The shares of the Shanghai-based company began trading at 700 yuan on Wednesday on the technology-heavy Star Market, surging 569 per cent from their offer price of 104.66 yuan. That made the five-year-old company the fourth-best...

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