๐Ÿ”ฅ Enflame Sells 1.7% of China's AI Chips. Its Stock Still Nearly Tripled on Day One.

๐Ÿ”ฅ Enflame Sells 1.7% of China's AI Chips. Its Stock Still Nearly Tripled on Day One.

Tencent-backed Enflame raised $911 million, then opened 188% higher on its Shanghai debut โ€” closing near $25.5 billion despite holding just 1.7% of China's AI chip market.