AISiliconANGLEabout 1 hour ago
Enflame Raises $912M in IPO, Stock Surges 179%
1 min read
Shanghai Enflame Technology Co. raised 6.12 billion yuan ($912 million) in an IPO, with shares closing 179% higher. Retail investors ordered 6,109 times more shares than allocated, giving the AI chipmaker a $25.5 billion market cap.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
