---
title: "Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M (Bloomberg) — Stuff That Spins"
description: "Bloomberg: Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which ra…"
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date: "2026-07-09T04:50:01+00:00"
modified: "2026-07-09T06:00:24.452068+00:00"
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# Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M (Bloomberg)

**Source:** Unknown  
**Published:** July 9, 2026  
**Original:** https://www.techmeme.com/260709/p1#a260709p1  

## On this page

- [Overview](#overview)

<a id="overview"></a>

## Overview

Bloomberg: Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M &mdash; Shanghai Iluvatar CoreX Semiconductor Co. raised about $902 million from a share sale in Hong Kong after its stock soared since an initial public offering in January.

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