如无意外，这将是今年最后一个千亿IPO。 今日（12月17日），沐曦集成电路（上海）股份有限公司正式登陆科创板。此次IPO发行价104.66元/股，募资总额41.86亿元，今天高开568%，随后市值 突破3000亿元。 沐曦备受创投圈瞩目。掌舵者陈维良曾任职于AMD（超威半导体），在这里他结识了日后的两位创业伙伴彭莉和杨建，三人联手在2020年共同创立沐 曦。一路走来，沐曦身后集结了超100家投资方，队伍浩荡。 其中，和暄资本在2022年首次出手，连投三轮。对于这家年轻亚洲PE而言，沐曦既是和暄资本人民币基金出手的第一个项目，也是和暄资本收获的第一 个科创板IPO。 随着今日钟声敲响，属于国产GPU突围者们的高光时刻到来。不久前，摩尔线程登陆科创板，市值一路飙至超3000亿；寒武纪今年市值最高破6000亿…… 几乎所有人都在押注中国诞生自己的英伟达。 创业5年，火速敲钟，沐曦市值3000亿 沐曦的崛起，堪称国产GPU突围的一抹缩影。 这要从灵魂人物陈维良说起。他出生于1976年，先后毕业于电子科技大学和清华大学，创业前最重要的一段工作经历是在AMD（超威半导体）。招股书 显示，他在这里工作17年之久。 这样的 ...

Core Viewpoint - The successful IPO of Muxi Integrated Circuit (Shanghai) Co., Ltd. on the STAR Market marks a significant milestone for domestic GPU manufacturers, with a market capitalization exceeding 300 billion yuan shortly after listing [2][3]. Company Overview - Muxi was founded in 2020 by Chen Weiliang, who has a strong technical background from AMD, along with partners Peng Li and Yang Jian, aiming to create a self-sufficient GPU ecosystem in China [3][6]. - The company has developed a range of products, including the Xisi N series GPU for AI computing and the Xiyun C series GPU for general computing, with a focus on breaking reliance on foreign technology [6][7]. Investment Journey - Muxi's funding journey began with nearly 100 million yuan in angel financing shortly after its establishment, attracting numerous investors including Sequoia China and ZhenFund [8][9]. - Despite facing challenges in 2022 due to competition and market conditions, Muxi secured significant investments based on its technological capabilities and team experience, leading to a pre-IPO valuation exceeding 15.88 billion yuan [9][10]. Market Context - The Chinese GPU market is projected to grow from 38.5 billion yuan in 2020 to 163.8 billion yuan by 2024, with a significant shift towards domestic suppliers expected by 2027 [9][10]. - Muxi's growth reflects a broader trend of increasing domestic capabilities in high-performance computing, with the company positioned as a key player in this evolving landscape [6][7]. Team and Leadership - Chen Weiliang's leadership and experience in GPU design and commercialization have been pivotal in Muxi's rapid growth, with the company achieving a compound annual growth rate of 4074.52% in revenue over the past three years [7][8]. - The team’s extensive experience in the industry is seen as a critical factor in navigating the complexities of chip development and market entry [6][7]. Future Outlook - Muxi aims to reach profitability by 2026, with ongoing product development and market expansion strategies in place [7][8]. - The company’s successful IPO is viewed as a validation of its long-term vision and the potential for further growth in the domestic GPU market [2][3].