Finance Updates – Finance Updates

China’s xFusion Preps IPO as State-Backed AI Server Champ with $5.7B 2024 Sales

Asia Markets Computer and Peripheral Equipment Manufacturing

Huawei spin-off xFusion hired Citic Securitie...

The Henan-based AI server maker posted 2024 r...

Valued near $9 billion in 2023, xFusion is ba...

The move taps a hot China AI listing cycle dr...

xFusion’s $9B valuation, IPO plans, and the promise & risk in China’s AI server boom

Asia Firms Computer and Peripheral Equipment Manufacturing

Chinese AI server maker xFusion, a Huawei spi...

xFusion reported over 40 billion yuan (about ...

State-linked shareholders including China Tel...

The move aligns with China’s push to accelera...