Zhang graduated in computer science from the Nanjing University of Science and Technology and joined Nvidia in 2005. Over the years, he helped expand the company’s mainland China operations and rose to the role of vice president and general manager.

Shares of Moore Threads Technology, founded by former Nvidia executive Zhang Jianzhong, gained 425% after its initial public offering in Shanghai on Friday, according to FactSet. The AI chip maker’s IPO raised $1.

Unlike Huawei, Moore Threads' GPUs, along with its own MUSA platform, are compatible with Nvidia's CUDA ecosystem Moore Threads, a five-year-old graphics processing unit (GPU) developer created by Nvidia's former China chief,

Shares of chipmaker Moore Threads Technology, dubbed China's Nvidia (NASDAQ: NVDA), rose as much as 502% as it debuted in Shanghai on Friday.

Moore Threads hit the Shanghai STAR Market on Friday, and the stock surged by an astonishing 411% in the first session. The price rose from an IPO level of 114.28 yuan straight to 584.98 yuan. Moore Threads is now China’s second‑largest onshore IPO of the year,