MetaX IPO Soars 700% Amid China's Shift Away from US AI Chip Dependence

Wednesday, Dec 17, 2025 1:23 am ET1min read

MetaX Integrated Circuits, a Chinese chipmaker, surged 700% in its IPO debut, fueled by investor enthusiasm over the government's initiative to reduce dependence on US-made AI chips from Nvidia and AMD.

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