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Tencent-Backed DPU Chip Unicorn Jaguar Micro Files for IPO, Targeting $422M Raise
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Tencent-Backed DPU Chip Unicorn Jaguar Micro Files for IPO, Targeting $422M Raise
Jaguar Micro (Shenzhen Yunbao Intelligent), a leading Chinese data processing unit (DPU) chip designer backed by Tencent, has had its ChiNext board IPO application accepted by the Shenzhen Stock Exchange. The company plans to raise up to 3.035 billion yuan (approximately $422 million) for next-generation DPU product R&D and industrialization.Founded in August 2020, Jaguar Micro is among the first Chinese chip companies to achieve mass production…
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