China’s chipmakers are rushing to the IPO market to raise funds that are key to achieving the country’s goal of technological self-sufficiency and winning the global race for artificial intelligence. The new wave of IPOs comes after the emergence of two companies that achieved incredible performance on the first days of trading, showing an insatiable appetite for what are expected to become national leading companies in the future, which analysts believe may one day compete with companies such as “Nvidia”. Although some of these companies are already major local players in the sector, they remain largely obscure to international investors, making the listing of their shares in Hong Kong an important test of confidence in the market. Earlier this month, shares of Moore Threads Technology Co, which specializes in artificial intelligence chips, surged 425% on its first day of trading on the Shanghai Stock Exchange, followed by a 693% jump in shares of MetaX Integrated Circuits Shanghai Co. Also read: Chips ignite a major power struggle… Who is on top of the world? “China is catching up very quickly in the chip war,” said Matt Thoms, head of cash-equity trading execution for the Asia-Pacific region at Barclays. “It wouldn’t surprise me if we see a ‘DeepSeek’ moment in the world of chips in 2026 or 2027, when China starts producing competitive, low-cost chips,” adding that such a development “would be devastating for Nvidia and its supply chain.” Toms was referring to DeepSeek, a Chinese startup that turned the AI ​​industry on its head earlier this year with low-cost models that performed on par with the world’s best chatbots. At the same time, Republican lawmakers on a US House of Representatives committee called on the Department of Defense to include a group of companies, including Deep Sec, on the list of Chinese military companies. See also: The wealth of the founder of the Chinese “Meta Perrin submitted its listing documents to the Hong Kong Stock Exchange this month after receiving approval from the China Securities Commission to issue up to 372.5 million new shares. This month, the company is scheduled to begin testing investor interest in an initial public offering worth approximately $600 million. Berrinity was known to be included in the US blacklist on the “En blacklist” 2023, which the barred from selling U.S. technology to it without a special license, its artificial intelligence chip unit, known as Kunlunxin, is also producing chips that power servers in data centers, and is valued at at least $3 billion to meet the company’s needs in: Iluvatar CoreX Semiconductor Co. is preparing incentives worth $70 billion for NVIDIA 2015 and raised 1.2 billion yuan ($170 million) in a 2021 financing round led by Centorium and Cedarlake Capital, while another round in 2022 raised about one billion yuan with the participation of Beijing Financial Street Capital and Hopu Enflame Technology Co., which seeks to list through former Micro employees2.08 of Shanghai Device, Inc. The company is backed by Tencent Holdings Ltd and the Chinese State Semiconductor Fund reported last year that the company aims to raise up to 2 billion yuan in an initial public offering on Shanghai’s STAR Market, a platform for fast-growing, even loss-making, microcontroller start-ups widely used in consumer electronics as well as industrial and automotive applications.Although it is already listed in Shanghai, the company is seeking to raise about $1 billion through a secondary listing in Hong Kong that could take place as early as next January. focus on memory interface chips, the Shanghai offering is at a second in January Its shares are trading at an earnings multiple of about 44 times in the “Star Market” and 126 times at “Semiconductor Manufacturing International Corp.” Also read: Chinese artificial intelligence is able to withstand the trade war ChangXin Memory Technologies Inc. is the largest manufacturer of The Hefei-based company recently announced it has begun commercial production of an advanced type of chip meant for smartphones, becoming the first Chinese company to compete in a field dominated by foreign companies like Samsung Electronics Co. The company is considering a market value of up to 300 billion yuan Could exceed $40 billion The company, founded in Wuhan in 2016, focuses on the design and manufacture of 3D memory chips, and is one of the country’s leading suppliers of advanced memory solutions.