Moore Threads, billed as China’s first domestic GPU stock, debuted on 5 December with a near fivefold jump from its issue price, becoming the STAR Market’s largest IPO in 2025. The company issued 70 million shares at CNY114.28 each, equal to 14.89% of total equity, and expects net proceeds of CNY7.576 billion (approx. US$1.07 billion) to accelerate AI chip development.

UMC has finalized plans to invest in the US semiconductor manufacturing sector by signing a memorandum of understanding (MOU) with American foundry Polar Semiconductor on December 4, 2025. The two companies will explore collaboration opportunities for 8-inch wafer production within the US, targeting growing demand from automotive, data center, consumer electronics, aerospace, and defense industries.

Micron announced it will phase out its Crucial brand’s consumer memory and SSD products by February 2026, marking its exit from the nearly 30-year-old consumer market. This move reflects the industry’s pivot toward high-margin DDR5 and HBM for AI applications, driven by surging GPU and AI chip demands.