Chinese GPU maker MetaX stock price surges by 692% on first trading day
A booth of MetaX during World Artificial Intelligence Conference 2025 in Shanghai on July 29, 2025. Photo: VCG
China’s another GPU maker, MetaX, debuted at the STAR Market of the Shanghai Stock Exchange on Wednesday. By the close of the trading on Wednesday, the company’s share price surged by 692.95 percent, closing at 829.9 yuan ($117.85) per share, pushing the company’s market capitalization to nearly 332 billion yuan.
According to Xinhua Finance, MetaX is one of the leading companies in China’s high-performance general-purpose GPU sector. The company priced its IPO at 104.66 yuan per share, making it the second-highest issue price among new listings on the STAR Market this year, just behind Moore Threads‘ 114.28 yuan per share.
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