Chinese AI chipmaker MetaX's shares jumped as much as 755% in its Shanghai debut after a heavily oversubscribed $585.8M IPO, pushing its market cap past $42B news bloomberg.com

Bloomberg: Chinese AI chipmaker MetaX's shares jumped as much as 755% in its Shanghai debut after a heavily oversubscribed $585.8M IPO, pushing its market cap past $42B  —  MetaX Integrated Circuits Shanghai Co. soared in its first day of trading on Wednesday, the latest outsized debut by a Chinese chipmaker …