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Stockreport

China Chipmaker Moore Threads Soars 469% After $1.1 Billion IPO [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance Canada
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The debut comes as optimism over China's drive for tech self-sufficiency intensifies, fueled by trade tensions and fears of US technology curbs. The firm is also among those benefiting from a market share void left by Nvidia Corp.'s forced exit. Earlier this year, regulators eased listing rules for unprofitable firms on the Nasdaq-style Star Board to bolster homegrown startups. Moore Threads has a competitive technological edge and can benefit from the “domestic substitution trend” given US trade frictions and Beijing's push to develop national champions, Fan Zhiyuan, an analyst at Sinolink Securities Co. wrote in a note. It is also the only Chinese firm that can manufacture all-purpose graphics processing units, he added. Proceeds from the IPO will fund next-generation projects in AI and graphics chips as well as supplement working capital. The offering ranks behind Huadian New Energy Group Co.'s $2.7 billion IPO in July. Moore Threads' net loss was 724 million yuan during the [Read more]
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Stockreport

China Chipmaker Moore Threads Soars 469% After $1.1 Billion IPO [Yahoo! Finance Canada]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance Canada
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The debut comes as optimism over China's drive for tech self-sufficiency intensifies, fueled by trade tensions and fears of US technology curbs. The firm is also among those benefiting from a market share void left by Nvidia Corp.'s forced exit. Earlier this year, regulators eased listing rules for unprofitable firms on the Nasdaq-style Star Board to bolster homegrown startups. Moore Threads has a competitive technological edge and can benefit from the “domestic substitution trend” given US trade frictions and Beijing's push to develop national champions, Fan Zhiyuan, an analyst at Sinolink Securities Co. wrote in a note. It is also the only Chinese firm that can manufacture all-purpose graphics processing units, he added. Proceeds from the IPO will fund next-generation projects in AI and graphics chips as well as supplement working capital. The offering ranks behind Huadian New Energy Group Co.'s $2.7 billion IPO in July. Moore Threads' net loss was 724 million yuan during the [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS