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-0.000467071461933694 -0.000622761949244998 -0.00264673828429086 -0.00482640510664802 -0.00404795267009194 -0.00840728631480615 -0.00942550210182163 -0.00825159582749496
Stock impact report

Wall Street Breakfast Podcast: The Nvidia Of China Soars On Debut [Seeking Alpha]

MP Materials Corp. (MP) 
Company Research Source: Seeking Alpha
The U.S. is looking to take more stakes in crucial minerals companies. Fluidstack seeks $700M at a $7B valuation, highlighting investor appetite for neocloud AI compute infrastructure outside traditional cloud giants. J Studios/DigitalVision via Getty Images Listen below or on the go on Apple Podcasts and Spotify AI chipmaker Moore Threads Technology is rocketing higher on its debut in China. (0:15) White House looks to take more stakes in mineral companies. (1:07) Neocloud company Fluidstack valued at $7 billion. (1:43) Beijing-based AI chipmaker Moore Threads Technology saw shares rocket 500% higher on their first day of trading. The company raised about $1.13B (8B yuan) in its Shanghai STAR Market IPO. Often called “China's Nvidia,” the startup is benefiting from bets that it will ride Beijing's push for domestic chip manufacturing and tech self-sufficiency. Founded in 2020 by former Nvidia executive Zhang Jianzhong, Moore Threads has shifted from gaming graphics t Show less Read more
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