Designer of artificial intelligence chips to raise $1.1bn at $7.6bn valuation
Chinese chip designer Moore Threads is in the final stretch of its listing on the Shanghai Stock Exchange’s tech-focused STAR market. © Reuters
WATARU SUZUKI
November 25, 2025 11:22 JST
SHANGHAI — Investors are scrambling for a piece of China’s most anticipated initial public offering this year: a startup that aims to challenge Nvidia’s dominance in chips that power artificial intelligence.