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Iluvatar CoreX Is Said to Consider Share Sale After 428% Rally

Iluvatar CoreX Is Said to Consider Share Sale After 428% Rally
Bloomberg Technology Wednesday 08 July 2026, 04:04 UTC By Dong Cao, Julia Fioretti, Manuel Baigorri 1 min read
Key Points

Iluvatar CoreX Is Said to Consider Share Sale After 428% Rally Shanghai Iluvatar CoreX Semiconductor Co. is considering a share sale to raise at least $800 million in Hong Kong after soaring since its initial public offering in January, according to people familiar with the matter. The maker of graphics processing units used in artificial intelligence is working with advisers on a potential placement, the people said, asking not to be identified because the information is private. A...

Iluvatar CoreX Is Said to Consider Share Sale After 428% Rally Shanghai Iluvatar CoreX Semiconductor Co. is considering a share sale to raise at least $800 million in Hong Kong after soaring since its initial public offering in January, according to people familiar with the matter. The maker of graphics processing units used in artificial intelligence is working with advisers on a potential placement, the people said, asking not to be identified because the information is private. A six-month lock-up from its IPO expired Tuesday.
Iluvatar (ORG) Said (PERSON) Rally Iluvatar (ORG) Rally Shanghai Iluvatar CoreX Semiconductor Co. (ORG) Hong Kong (LOCATION) IPO (ORG)
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