Red-Hot Stock Debut: Chinese Chipmaker MetaX Soars 755%
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Bloomberg.com
Red-Hot Stock Debut: Chinese Chipmaker MetaX Soars 755%
MetaX Integrated Circuits surged as much as 755% in its Shanghai debut as investors bet on national champions that could emerge as viable local competitors to Nvidia. The company manufactures graphics processing units, a rapidly growing industry as more consumers and businesses adopt AI services. (Source: Bloomberg)
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