Enflame stock soared more than 200% in its Shanghai debut as investors bet Chinese chipmakers can displace Nvidia.

The Tencent-backed chipmaker rounds out a string of stellar listings by the Chinese mainland’s top five AI chip startups

HONG KONG: Chinese artificial intelligence chipmaker Shanghai Enflame Technology surged about 200 per cent in its Shanghai debut on Friday (Sep 11), after the Tencent-backed…