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Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps investor fever for AI

Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps investor fever for AI
South China Morning Post Friday 11 September 2026, 01:45 UTC By Ann Cao 1 min read
Key Points

Enflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The Shanghai-based company opened at 410 yuan, up from its issue price of 142.18 yuan. The performance reflects continued investor appetite for domestic AI chip champions, with Enflame being the last of China’s...

Enflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The Shanghai-based company opened at 410 yuan, up from its issue price of 142.18 yuan. The performance reflects continued investor appetite for domestic AI chip champions, with Enflame being the last of China’s “four... [Image text:] (/Enftame Enflame corexi nuvati INVe ar Corex
Shanghai (LOCATION) Nvidia (ORG) AI Enflame Technology (ORG) China (LOCATION) Tencent Holdings (ORG) AI (ORG)
Originally published by South China Morning Post Read original →

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