TechBloomberg Tech2h ago

Ligent Technologies Seeks $727 Million in Hong Kong IPO

TL;DRAI chip networking startup Ligent raises $727M in Hong Kong IPO.

Why it matters: Signals strong investor appetite for AI infrastructure plays beyond just chip makers.

AI computing networks maker Ligent Technologies Inc. is seeking to raise as much as HK$5.7 billion ($727 million) in a Hong Kong initial public offering, adding to a surge of listings this year tied to the global artificial intelligence buildout.

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Source: Bloomberg Tech · Opens in new tab