MetaX surges 700% on debut as China’s AI chips attract investors

MetaX surges 700% on debut as China’s AI chips attract investors

SHANGHAI, Dec 17 (Reuters) – MetaX Integrated Circuits surged 700 percent in its Shanghai market debut as the Chinese AI chip maker benefited from a strong boost sparked by Beijing’s efforts to reduce reliance on chips from U.S. firms Nvidia ( NVDA ) and Advanced Micro Devices ( AMD ). Founded by former AMD executives, … Read more