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CHINESE AI CHIPMAKER
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
Global Market: China stocks steady as property shares offset Biotech, chip lossesChinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shang...
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surgePower capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s stron...
Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
Nvidia earnings: Chipmaker forecasts Q3 revenue at $108 billion, above analysts' estimates as Q2 profit, revenue double YoYNvidia earnings: Nvidia forecasts strong third quarter revenue, exceeding analyst expectations significantly. The company sees a trillion-d...
AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
China robot maker Unitree's post-listing slump sparks bubble fearsThe post-listing selloff in the company, one of the world's largest producers of quadruped and humanoid robots, has also led to soul-search...
Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
Nvidia H200 chips reach China in small shipments: FTByteDance and Tencent have each received about 10,000 H200 processors in recent weeks, while a few other Chinese technology firms could soo...
Chinese chipmaker SMIC increases prices on strong AI demandCo-CEO Zhao Haijun said on an earnings call that SMIC raised prices following negotiations with customers in the first quarter, and that it...
Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
Global Market: Shanghai, Hong Kong stocks rise as consumer gains offset tech weaknessShanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fre...
Global Market: China optical stocks sink on reports of potential US import banChinese optical stocks tumbled after a Reuters report said the Trump administration was considering a ban on U.S. imports of new Chinese da...
CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...
Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI modelChinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong's technology s...