Innolight

InnoLight’s Hong Kong debut falls below issue price as controlling shareholder offloads 6.2m shares

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Between 28 May 2025 and 30 July 2026, the controlling group sold a combined 6,208,552 A-shares, including 5.5 million from the holding entity and 708,600 from Wang Xiaodong. At the 864 yuan closing price, those 6.21 million shares are worth over 50 billion yuan. On the same day the company debuted in Hong Kong, issuing … Read more

NVIDIA Puts $5 Billion Behind Safe Superintelligence as the Chip Cycle Heats Up

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NVIDIA has confirmed a strategic investment in Safe Superintelligence, the lab founded by OpenAI co-founder Ilya Sutskever, and opened its next-generation Vera Rubin compute platform to the effort — targeting a tenfold increase in SSI’s capacity within twelve months. First Financial reports the deal is worth about $5 billion. SSI, founded in 2024, has shipped … Read more