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Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals (Zoe SL Chan/South China Morning Post)

Techmeme ·
MetaX is said to be pursuing a confidential Hong Kong IPO filing with a year-end target.

Techmeme’s note cites Zoe SL Chan of the South China Morning Post on the Shanghai GPU maker’s listing plan. The item frames the move against a fundraising rush by Chinese chip rivals including Biren, Iluvatar, and Moore Threads. It says the plan underscores China’s push for chip self-reliance. Techmeme's note

score 6

Categories: Money & Moves