US-sanctioned Moore Threads, China’s AI chip unicorn, moves closer to possible IPO
Moore Threads, one of China's top chip makers, is getting ready to go public. Founded by a former Nvidia expert, they’ve changed their business status, likely in prep for a big debut on the stock market. This is a huge move, especially since the US has tightened rules, making it harder for China to access Nvidia’s powerful chips. But Moore Threads seems determined, backed by local investors who believe in China's drive to be more tech-independent.