{"id":978807,"date":"2025-12-06T07:46:38","date_gmt":"2025-12-06T02:16:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=978807"},"modified":"2025-12-06T07:59:31","modified_gmt":"2025-12-06T02:29:31","slug":"chinas-nvidia-like-moore-threads-soars-in-trading-debut-after-1-1-billion-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/12\/06\/chinas-nvidia-like-moore-threads-soars-in-trading-debut-after-1-1-billion-ipo\/","title":{"rendered":"China&#8217;s Nvidia-like Moore Threads soars in trading debut after $1.1 billion IPO"},"content":{"rendered":"<p>SHANGHAI\/BEIJING: Shares of Moore Threads Technology Co, dubbed by analysts as &#8220;China&#8217;s Nvidia&#8221;, soared on debut in Shanghai on Friday, on bets the U.S.-blacklisted startup will benefit from Beijing&#8217;s drive to boost domestic chip manufacturing. <\/p>\n<p>The stock opened at 650 yuan ($91.91), more than five times its initial public offering (IPO) price of 114.28 yuan a share. <\/p>\n<p>Beijing has stepped up approval of IPOs by semiconductor firms in a push towards tech self-sufficiency, with Washington restricting advanced chip exports to China in a bid to curb its development of AI and military capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHANGHAI\/BEIJING: Shares of Moore Threads Technology Co, dubbed by analysts as &#8220;China&#8217;s Nvidia&#8221;, soared on debut in Shanghai on Friday, on bets the U.S.-blacklisted startup will benefit from Beijing&#8217;s drive to boost domestic chip manufacturing. The stock opened at 650 yuan ($91.91), more than five times its initial public offering (IPO) price of 114.28 yuan a share. Beijing has stepped up approval of IPOs by semiconductor firms in a push towards tech self-sufficiency, with Washington restricting advanced chip exports to China in a bid to curb its development of AI and military capabilities.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-978807","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/978807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=978807"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/978807\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=978807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=978807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=978807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}