Abeg, make I gist una wetin just happen for China wey go make sense for every tech lover. MetaX, dem fresh GPU company, just raise hand and collect RMB4.2 billion (USD596 million) for their IPO wey dem do for Shanghai SSE Star Market on December 17. Na only dem and Moore Threads dey shine for this GPU matter.

Dem come drop 40.1 million shares for RMB104.66 each. But when dem unveil the stock, e open for RMB700 per share jare! That one na 568.83% above wetin dem sell am. Imagine how dem dey dance for MetaX office now, with market value don hit more than RMB280.1 billion! Na wah!

AllBright scandal-free Legal team dey fight for dem side, led by their senior officers like Wang Li and Shen Cheng. Na dem too find way to put dem name for this IPO matter! Meanwhile, China Commercial Law Firm dey help dem underwriters, wey na Huatai United Securities. E be like say this IPO dey come hot like suya for street!

MetaX self, dem be big guys for GPU chip design. Their chips dey run everything—from artificial intelligence training, general computing, to graphics rendering. E no be small matter as dem get serious backers wey join this IPO, like China Telecom, JD.com, and Meituan. E no too far from reality say this IPO fit change the game for tech companies wey dey hustle for China.

As I dey yarn this gist, I dey think say dem IPO money go help boost their GPU chip research and development, plus industry plan, as dem dey prepare for more big things wey dey come! Dem say China dey enter market big big, and this investment go really change wetin we dey see for technology sector. If na so e be, then we dey look forward for more innovations from MetaX and their group!