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Nvidia's Chinese Rivals Look To Cash In On US Tech Ban: Moore Threads, MetaX Plot $1.65 Billion IPO
benzinga.com/markets/tech/25/07/46189380/nvidias-chinese-rivals-look-to-cash-in-on-us-tech-ban-moore-threads-metax-plot-1-65-billion-ipo
Two Chinese artificial intelligence chip startups, Moore Threads and MetaX, are planning to raise a combined 12 billion yuan ($1.65 billion) through initial public offerings (IPOs).
What Happened: The two companies are betting on the U.S. export restrictions to boost the demand for…
This story appeared on benzinga.com, 2025-07-01 09:41:54.