Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as "China's Nvidia," soared by more than 400% on its debut in Shanghai following its $1.1 billion listing . The stock is currently trading at 584.98 yuan, over five times its IPO price of 114.28 yuan . As U.S. curbs tighten, an increasing number of Chinese chipmakers are pushing into the AI processor space. Newer players like Enflame Technology and Biren Technology have stepped in, aiming to