Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO (Ann Cao/South China Morning Post)
Lightelligence, a Shanghai-based photonics chip maker for AI compute, raised ~$310M in a Hong Kong IPO and surged ~400% on debut, signaling investor appetite for optical computing infrastructure.
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<a href="https://www.scmp.com/tech/tech-trends/article/3351551/lightelligence-jumps-hong-kong-debut-amid-ai-driven-demand-photonics-chips"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260427/i51.jpg" vspace="4" /></a>
<p><a href="http://www.techmeme.com/260427/p51#a260427p51" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Ann Cao / <a href="http://www.scmp.com/">South China Morning Post</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.scmp.com/tech/tech-trends/article/3351551/lightelligence-jumps-hong-kong-debut-amid-ai-driven-demand-photonics-chips">Shanghai-based Lightelligence, which makes photonics chips, surges by nearly 400% in its trading debut in Hong Kong after raising ~$310M in its IPO</a></b></span> — Lightelligence jumps by 400% in Hong Kong debut amid AI-driven demand for photonics chips — Shanghai-based firm's IPO reflects mainland China's push … </p>
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