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Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut [MSNBC.com]

NVIDIA Corporation (NVDA)  More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
In this articleNarumon Bowonkitwanchai | Moment | Getty ImagesShares of Chinese chipmaker MetaX Integrated Circuits soared about 700% in their market debut in Shanghai on Wednesday, after the company raised nearly $600 million in its initial public offering.Shares, whichwere priced at 104.66 yuanSimilar to Moore Threads,which saw a robust debut at the start of the monthMetaX is part of a growing cohort of local chipmakers building processors, reflecting Beijing's push to reduce dependence on U.S. chips following Washington's tech curbs on export of high-end technology to China.Washington has imposed export curbs on U.S. chip behemoth Nvidia, barring sales of its most advanced chips to China.Newer Chinese players such as Enflame Technology and Biren Technology have also entered the space, aiming to capture a share of the billions in graphics processing unit, or GPU, demand no longer served by Nvidia. Chinese regulators have also been clearing more semiconductor IPOs in their drive f [Read more]
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Stockreport

Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut [MSNBC.com]

NVIDIA Corporation  (NVDA) 
More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
In this articleNarumon Bowonkitwanchai | Moment | Getty ImagesShares of Chinese chipmaker MetaX Integrated Circuits soared about 700% in their market debut in Shanghai on Wednesday, after the company raised nearly $600 million in its initial public offering.Shares, whichwere priced at 104.66 yuanSimilar to Moore Threads,which saw a robust debut at the start of the monthMetaX is part of a growing cohort of local chipmakers building processors, reflecting Beijing's push to reduce dependence on U.S. chips following Washington's tech curbs on export of high-end technology to China.Washington has imposed export curbs on U.S. chip behemoth Nvidia, barring sales of its most advanced chips to China.Newer Chinese players such as Enflame Technology and Biren Technology have also entered the space, aiming to capture a share of the billions in graphics processing unit, or GPU, demand no longer served by Nvidia. Chinese regulators have also been clearing more semiconductor IPOs in their drive f [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