Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price

Economic Times - Markets

Aug 31, 2026 · 6:54 PM

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Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price

Enflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiative aligns with China's ambition for technological independence following US export restrictions on chips. The firm intends to confront Nvidia's stronghold in the…

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🏷️ Topics: chinese chipmaker enflame raise million setting shanghai price

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Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price

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