AI chip maker Moore Threads—founded by a former Nvidia executive—surged in its first day of trading after a $1 billion-plus IPO.
Monthly Archives For December 2025
China’s November exports expected to have rebounded off US tariff truce
China’s exports likely returned to growth in November after an unexpected dip in October, as manufacturers rushed to move inventory to take advantage of a fresh tariff truce with the U.S.
China is dumping cheap gas cars. Here’s what that means for you
China’s carmakers are drowning in gasoline cars they can’t sell at home. EVs now dominate new sales there, so the old-school internal-combustion models are getting shipped by the boatload to the rest …
US firms continue to ‘grow, invest in China’
There have been reports highlighting companies reducing exposure or rethinking their strategy in China. Media such as The Wall Street Journal, Reuters and Forbes have documented companies cutting …
China’s AI Future Looks Like a Long Road to Small Profit
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov recaps a deep dive report from Bloomberg Intelligence on …
Chinese scientists messing with coronavirus create terrifying ‘explosive diarrhoea’ virus
Swine acute diarrhoea syndrome coronavirus has the potential to spill over to humans and animals, researchers say.
China claims US report on coronavirus origins based on ‘concocted lies and distorted facts’
The Chinese government released a statement Tuesday slamming comments by U.S. congressmen that there is a preponderance of evidence showing the coronavirus originated in Wuhan lab. “The relevant …
WHO refuses to confirm coronavirus originated in China as Biden strengthens ties
The World Health Organization is refusing to confirm whether the coronavirus originated in China as President Biden strengthens his administration’s ties with the entity. President Biden has promised …
Nvidia challenger Moore Threads jumps 425% in China debut
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion), marking the biggest first-day …
China’s Homegrown Nvidia Soars in Market Debut
That’s how far shares of Moore Threads rallied on its market debut on Friday. + The Chinese AI chip designer, founded by a former Nvidia executive, raised the equivalent of more than $1 …
China Threatens Nvidia With Its Own Company
Moore Threads shares rose 500% on their first day of trading on the Shanghai stock exchange. The company is China’s answer to Nvidia.
China’s payment system gains ground in Africa as Afrexim, Standard join in
Although Africa’s trade with China is rapidly deepening, the two regions have been held back for years by slow, expensive international payment systems that rely heavily on the US dollar. That …
Where order and innovation drive Shenzhen forward
Experience the pulse of Shenzhen at one of its busiest intersections. Surrounded by towering glass buildings and lined with green trees, this view captures the beauty of structure and modernity …