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-0.000624609618988132 -0.000475202998126182 -0.00347282948157398 -0.00517176764522172 -0.00474703310430975 -0.00949306683322923 -0.00999375390381012 -0.0101186758276076
Stock impact report

MetaX set for Shanghai debut amid market frenzy over AI chip stocks, Nvidia uncertainty [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
late on Monday, more than a week after industry peer Moore Threads Technology 's stellar listing on the city's Star Market Founded in Shanghai in September 2020 by former engineers at Advanced Micro Devices , MetaX priced its initial public offering at 104.66 yuan per share, which was expected to raise 4.2 billion yuan (US$596 million) from the sale of 40.1 million shares, with net proceeds estimated to reach 3.9 billion. That was the second-highest share price offer this year on the Nasdaq-style Star Market, behind Moore Threads' 114.28 yuan. Based on its offer price, MetaX's implied market capitalisation stood at about 37.7 billion yuan. That was nearly 79 per cent higher compared with its pre-IPO valuation of 21.07 billion yuan in March. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning te Show less Read more
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