Report
Biren raises about $515 million in a new share sale
Techmeme, citing Bloomberg, says Biren's stock was down over 50% from June's peak but up about 70% year-to-date.
TLDR
Techmeme, citing Bloomberg's report of a filing, says Shanghai-based AI chipmaker Biren raised about $515 million in a new share sale. When Techmeme shared the report on October 8, Biren's Hong Kong-listed stock was down more than 50% from a June peak but up roughly 70% year-to-date.
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