Tencent-backed Enflame nearly triples in Shanghai debut on AI chip demand bets

Rona Schwartz — Chinese artificial intelligence chipmaker Shanghai Enflame Technology closed up 179% in its Shanghai ​debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offeri

For buyers, the question is the facing, the pack, and whether the SKU earns cooler or dry-grocery space.

This file is based on reporting by Ksl. It is not a reprint, and it does not send the reader to another title.