“国产GPU第一股”“第二股”接踵上市

Core Insights - The successful listing of Muxi Co., Ltd. on the Sci-Tech Innovation Board demonstrates an efficient practice model for deepening reforms and supporting national technological innovation strategies, with a listing time of only 116 days from application to approval [1][2] - Muxi's first-day stock performance reflects strong market expectations and recognition of its independent R&D capabilities and future growth potential in the high-performance GPU chip sector, with a market capitalization exceeding 332 billion yuan [1][2] - The company raised a total of 4.197 billion yuan through its IPO, with funds allocated primarily for the development and industrialization of new high-performance general-purpose GPUs and AI inference GPUs [1] Company Performance - Muxi Co., Ltd. achieved a peak stock price of 895 yuan on its first trading day, closing at 829.9 yuan, allowing investors who received shares to potentially earn nearly 400,000 yuan [1] - The company has received significant investment from state-owned enterprises, including a strategic investment of 500 million yuan from Pudong Venture Capital Group, which has strengthened its financial reserves during critical periods [2] Industry Context - The rapid development of domestic GPU companies is highlighted by the recent performance of Muxi and the previous listing of Moer Thread, which has faced stock price volatility and potential risks of market over-exuberance [3] - The competitive landscape for domestic GPU manufacturers is challenging, with major players like NVIDIA and AMD holding significant market shares in the AI industry, approximately 66% and 5% respectively, while Huawei's HiSilicon accounts for about 23% [4]