Chinese GPU developer sees stock price surge on market debut

NAMPA / Xinhua
2025-12-05
BEIJING, Dec. 5 (Xinhua) -- Moore Threads Technology Co., Ltd., a leading Chinese graphics processing unit (GPU) developer, saw its share price surge more than 400 percent as it made its debut Friday on the Shanghai Stock Exchange's STAR Market, China's Nasdaq-style Science and Technology Innovation Board. Offered at 114.28 yuan (about 16.15 U.S. dollars) per share in its initial public offering (IPO), Moore Threads Technology Co., Ltd. opened......
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