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AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPO

The chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlarged share capital of approximately 430 million shares, with preliminary price consultations set to begin on August 28, the filing showed.

AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPO

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at economictimes.indiatimes.com →

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