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Chinese chipmaker Enflame 4,073 times oversubscribed in Shanghai IPO amid Nvidia race

This story is from 2026-09-03. It is preserved in the archive; the latest stories are on the live feed.

Enflame Technology, one of China’s leading AI chipmakers, has sparked a retail frenzy for its 6.12 billion yuan (US$910.9 million) initial public offering in Shanghai’s tech-heavy Star Market, underscoring growing investor appetite for home-grown alternatives to Nvidia. The Tencent Holdings-backed…

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  1. 2026-09-03 06:17 · South China Morning Post Tech
    Chinese chipmaker Enflame 4,073 times oversubscribed in Shanghai IPO amid Nvidia race

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