Chinese company MetaX Integrated Circuits Shanghai Co's shares surged 693% on the first day of trading on Wednesday, following its blockbuster initial public offering (IPO). This jump in MetaX ...

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China’s domestic chipmaking industry is gaining momentum as U.S. sanctions on the export of advanced chips to that country accelerate local demand, prompting two of its major players to file for ...

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MetaX’s debut is part of a larger trend in China’s semiconductor industry. Earlier this month, Moore Threads Technology, known as “China’s Nvidia,” saw its shares surge by over 500% during its ...