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Chinese Chipmaker's Shares Jump 470% on Debut as AI Drives Semiconductor Frenzy
BBC News·Monday, 27 July 2026
A Chinese chipmaker's shares soared 470% on their first day of trading, driven by surging demand for chips fuelled by the global AI boom. The blockbuster debut underlines how intensely investors are betting on AI-linked hardware companies. The listing comes as the chip industry sits at the centre of US-China technology tensions.
Why It Matters
The global chip race directly affects Indian tech companies, AI ambitions, and India's own push to build a domestic semiconductor industry.
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