EconomyChinese chip foundry CanSemi’s IPO oversubscribed 2,360 times as investors chase AI boom
CanSemi Technology’s Shenzhen IPO has emerged as one of mainland China’s most sought-after technology listings this year. Its retail tranche was oversubscribed by more than 2,300 times after clawback, as investors bet on the Guangzhou-based foundry’s move into silicon photonics and domestic AI infrastructure.
Chinese chip foundry CanSemi’s IPO oversubscribed 2,360 times as investors chase AI boom
Economy