Tencent-Backed Chinese Chipmaker Enflame Targets $911 Million IPO

Shanghai-based semiconductor firm Enflame Technology is preparing to raise approximately $911 million in an initial public offering, marking a significant step for one of China's leading AI chip developers.

31 Aug, 11:33 — 31 Aug, 11:33

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bloombergHigh10d ago

Tencent-Backed China Chipmaker Enflame Seeks $911 Million in IPO

Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering, as the last of the so-called “four little dragons” of leading Chinese artificial intelligence chipmakers taps the public market.

By Bloomberg News

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Tencent-Backed Chinese Chipmaker Enflame Targets $911 Million IPO

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Tencent-Backed China Chipmaker Enflame Seeks $911 Million in IPO

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