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Chinese AI chip developer Enflame raises $912M in IPO

  • Maria Deutscher--SiliconANGLE News
  • published date: 2026-09-11 20:54:40 UTC

Shares of Shanghai Enflame Technology Co. closed 179% higher today following an initial public offering that raised 6.12 billion yuan, or about $912 billion. The listing drew particularly strong demand from retail investors. Such investors ordered 6,109 times…

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  • Bill Toulas -- BleepingComputer
  • Published date: 2026-09-03 22:01:37 UTC

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  • Sergiu Gatlan -- BleepingComputer
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  • Bill Toulas -- BleepingComputer
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  • Bill Toulas -- BleepingComputer
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