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Moore Threads IPO Soars 502% Amid U.S. Restrictions

12/8/2025

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Story summary
  • Moore Threads Technology Co., a Chinese AI chipmaker, debuted on the Shanghai Stock Exchange on December 5, 2025, with shares rising up to 502% from 114.28 yuan, and it plans to invest IPO proceeds into next-generation AI and graphics chips.
  • The IPO raised 8 billion yuan.
  • The deal was oversubscribed by over 4,000 times, amid United States export restrictions.