International Companies

Chinese GPU firm MetaX surges nearly 700pc on debut

By Josh White

Date: Wednesday 17 Dec 2025

(Sharecast News) - MetaX Integrated Circuits surged nearly 700% in its Shanghai trading debut on Wednesday, marking one of the most explosive first-day performances for a major Chinese initial public offering in recent years and underscoring investor enthusiasm for domestic artificial intelligence chipmakers amid Beijing's push for technological self-sufficiency.
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