🇨🇳 CHINA, RACE TO THE IPO OF AI CHIPS AFTER THE MOORE THREADS BOOM 🇨🇳
The semiconductor sector in China is experiencing a new wave of euphoria. It all started with the lightning listing of Moore Threads, the startup dubbed the “Chinese Nvidia,” which saw a stock explosion of +425% on its debut day.
This result has rekindled retail investors’ interest in companies related to artificial intelligence and next-generation chips.
Riding this enthusiasm, the IPOs of MetaX and Onmicro — two Chinese chip manufacturers — are achieving extraordinary success.
Both operations are oversubscribed more than 3,000 times, a sign of overwhelming demand from the market.
Chinese investors, driven by the desire not to miss “the next big AI stock,” are pouring liquidity into local startups, perceived as future national champions in the sector.
This boom also reflects Beijing's strategy to strengthen technological self-sufficiency in response to U.S. restrictions on the export of advanced chips.
The attention of domestic capital towards AI companies is a clear signal: the race for global technological supremacy is not slowing down; rather, it is intensifying. In a context where chips have become the “new oil” of the digital economy, China seems determined to build its own tech giants.
And the market, for now, strongly believes in this bet.