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'China's Nvidia' Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO

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Shares of chipmaker Moore Threads Technology, dubbed China’s Nvidia (NASDAQ:NVDA), rose as much as 502% as it debuted in Shanghai on Friday. IPO Proceeds For Massive R&D Moore Threads’ shares debuted at 650 yuan ($91.92) on the STAR Market, a 468% surge from their IPO price of 114.28 yuan…

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