China’s Moore Threads, a chipmaker, saw its shares surge 500% on debut, becoming the second-biggest listing pop of 2025. The company’s market cap soared to $49 billion on the first day, making it comparable to Nvidia. Moore Threads is a key player in China’s efforts to become self-sufficient in semiconductor production.

Read more at Google: China’s Nvidia-like Moore Threads surges 500% on debut, becomes second-biggest listing pop of 2025 – livemint.com