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Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps investor fever for AI

South China Morning Post 11 September 2026 4h ago
Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps investor fever for AI
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Relevance
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25/25
Authority
18/20
Brand Signal
14/15
Depth
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Enflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The Shanghai-based company opened at 410 yuan, up from its issue price of 142.18 yuan. The performance reflects conti
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