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GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive

Chinese artificial intelligence (AI) chipmaker Shanghai Enflame Technology Co Ltd on Wednesday kicked off online and offline subscriptions for its IPO on Shanghai’s tech-heavy Star Market, with the online tranche oversubscribed by about 6,109 times, according to a filing with the exchange. The high demand amounted to an initial allotment rate for the online offering of about 0.016 percent.

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GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive

Shanghai Enflame Technology, one of China's "four little GPU dragons," launches IPO on STAR Market with 6,109x oversubscription; revenue surged from 301 to 990 million yuan (2023-2025). Hard-tech IPO boom signals Chinese semiconductors have reached deployment maturity, reflecting strategic shift toward Nvidia alternatives under tech blockade.

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mercoledì 9 settembre 2026·globaltimes.cn
GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive
Chinese artificial intelligence (AI) chipmaker Shanghai Enflame Technology Co Ltd on Wednesday kicked off online and offline subscriptions for its IPO on Shanghai’s tech-heavy…
venerdì 11 settembre 2026·caixinglobal.com
Enflame Surges 188% in Shanghai Debut as AI Chip Boom Continues
The Tencent-backed chipmaker rounds out a string of stellar listings by the Chinese mainland’s top five AI chip startups

GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive

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GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive

Timeline cronologica

GT Voice: Boom in hard‑tech IPOs testifies to China's chip innovation drive

Enflame Surges 188% in Shanghai Debut as AI Chip Boom Continues

Nvidia's Chinese Rival Enflame Soars Over 220% in Shanghai Debut As Investors Bet on Domestic AI Chips

Enflame Surges 188% in Shanghai Debut as AI Chip Boom Continues

Nvidia's Chinese Rival Enflame Soars Over 220% in Shanghai Debut - TENCENT HLDGS UNSP/ADR by Tencent Hold

Chinese Nvidia challenger Enflame jumps 179% in Shanghai market debut

Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debut

Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge

Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO

Chinese Nvidia challenger Enflame jumps 188% in Shanghai market debut

Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps AI fever

Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot

Nvidia's Chinese Rival Enflame Soars Over 220% in Shanghai Debut As Investors Bet on Domestic AI Chips

Nvidia's Chinese Rival Enflame Soars Over 220% in Shanghai Debut - TENCENT HLDGS UNSP/ADR by Tencent Hold

Chinese Nvidia challenger Enflame jumps 179% in Shanghai market debut

Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debut

Enflame IPO: Tencent-backed chipmaker nearly triples

Chinese AI chip developer Enflame raises $912M in IPO - SiliconANGLE