Enflame’s AI-Chip IPO Tripled on Debut — Only 4.16% Was Freely Tradable
The Tencent-backed chipmaker reached roughly 185 billion yuan of market value after a 200% jump, even as losses persist and one customer dominates revenue.
What changed, why it matters, and what most people may be overlooking.
The Tencent-backed chipmaker reached roughly 185 billion yuan of market value after a 200% jump, even as losses persist and one customer dominates revenue.