Chinese chip foundry CanSemi’s IPO oversubscribed 2,360 times as investors chase AI boom
Momentum builds for CanSemi’s Shenzhen debut as investors back its silicon photonics push and role in domestic AI infrastructure
Chinese chip foundry CanSemi Technology’s Shenzhen initial public offering (IPO) is emerging as one of mainland China’s most sought-after tech listings this year, as investors bet on its push into silicon photonics and its role in domestic artificial intelligence infrastructure.
When trading begins, CanSemi is expected to set a milestone for the Shenzhen exchange as the first pure-play wafer fabrication company to list on its Shenzhen’s tech-heavy ChiNext board.
Here is what you need to know about the company and the momentum behind its highly anticipated debut.
