China’s Moore Threads plans IPO amid US scrutiny
Tech in Asia·2024-11-15 20:00
Chinese GPU manufacturer Moore Threads has begun preparations for an IPO in the domestic market.
The filing was submitted to the China Securities Regulatory Commission, with CITIC Securities acting as the advisor.
The IPO is noteworthy as Moore Threads stands out as China’s sole GPU maker serving both enterprise and consumer sectors.
This move occurs during heightened US regulatory scrutiny. Such scrutiny may impose further limitations on Chinese AI and GPU manufacturers’ access to foreign technological resources.
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