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Chinese 'chip' manufacturer Enflame almost triples its value on stock market debut
Business
Искусственный интеллект
Инвестиции

Chinese 'chip' manufacturer Enflame almost triples its value on stock market debut

SAPO Notícias11 September 2026 at 04:49

Enflame Technology, one of China's most prominent artificial intelligence (AI) chip startups, debuted on the Shanghai Stock Exchange with a valuation increase of 188% at opening, almost tripling the initial public offering (IPO) price. The company is a Chinese manufacturer specializing in graphics processors (GPUs) used in artificial intelligence applications, a strategic sector for China given the restrictions imposed by the United States on the import of American technology. The IPO of Enflame represented a significant milestone for the Chinese capital market, which has been regaining investor interest after a period of instability. This success on the stock market debut contrasts with the more modest performance of other Chinese technology companies that carried out recent listings, reflecting the strong enthusiasm of investors for the AI sector in China.

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