Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market (April Ma/Bloomberg)

Jun 15, 2026 - 11:10
Updated: 3 hours ago
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Enflame Technology secures Shanghai IPO approval to raise $888 million as the final major Chinese AI chipmaker.

April Ma / Bloomberg:
Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market  —  Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering …

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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