Moore Threads, the ‘Chinese Nvidia’, surges 500% on stock market debut after eye-popping IPO

Known for producing Graphic Processing Units (GPUs), a product which Nvidia currently has near-monopoly status, Moore Threads was founded in 2020, the year of the Covid-19 pandemic, by former Nvidia China head James Zhang Jianzhong, who spent 14 years at Nvidia before branching out on his own.

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