Company intelligence

Enflame

As of September 11, 2026, Enflame was last valued at ~$25.5B (CNBC). Its most recent revenue figure is $147M, reported by CNBC, September 2026.

SemiconductorsShanghai, China
Last verified Sep 11, 2026

Enflame at a glance

As of
Latest valuation
~$25.5B[1]
September 2026
Revenue
$147M[2]
September 2026
Headquarters
Shanghai, China[3]
  1. [1] Latest valuation: CNBC, September 11, 2026
  2. [2] Revenue: CNBC, September 11, 2026
  3. [3] Headquarters: Wikipedia (retrieved September 11, 2026)

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Company Snapshot

Enflame is a Semiconductors company, based in Shanghai, China.

Recent changes

  1. Sep 11, 2026IPO ~$912M at ~$25.5B CNBC
  2. Sep 11, 2026First reported valuation: ~$25.5B CNBC
  3. Sep 11, 2026First reported revenue: $147M CNBC
  4. Sep 11, 2026Tencent-Backed Enflame Triples In Shanghai IPO Debut Pulse story
  5. Sep 11, 2026Tencent-Backed Enflame Triples On Shanghai IPO Debut Pulse story

Debt, IPO & other events

not counted in equity raised
DateEventAmountValuationInvestorsSource
Sep 11, 2026ipo~$912M~$25.5B
Tencentunverified
CNBC

Investors

Tencent

Latest Pulse

  1. Tencent-Backed Enflame Triples On Shanghai IPO DebutTencent-backed AI chipmaker Enflame nearly tripled on its Shanghai STAR Market debut, the latest Chinese Nvidia challenger to surge as Beijing pushes for semiconductor self-sufficiency.→
  2. Tencent-Backed Enflame Triples In Shanghai IPO DebutEnflame, the last of China's four state-backed AI chipmakers to go public, raised $911 million and then saw its shares surge as much as 206% on its Shanghai STAR Market debut, without ever reporting a profit.→

Coverage Timeline

newest first
  1. Sep 11, 2026IPOTencent-Backed Enflame Triples On Shanghai IPO Debut~$912M raised in IPO→
  2. Sep 11, 2026IPOTencent-Backed Enflame Triples In Shanghai IPO Debut$911M IPO, +206% debut→

All Coverage

IPO

Tencent-Backed Enflame Triples On Shanghai IPO Debut

Illustration for: Tencent-Backed Enflame Triples On Shanghai IPO Debut
IPO~$912M raised in IPO

Tencent-Backed Enflame Triples On Shanghai IPO Debut

Tencent-backed AI chipmaker Enflame nearly tripled on its Shanghai STAR Market debut, the latest Chinese Nvidia challenger to surge as Beijing pushes for semiconductor self-sufficiency.

DEEP DIVE
IPO

Tencent-Backed Enflame Triples In Shanghai IPO Debut

Illustration for: Tencent-Backed Enflame Triples In Shanghai IPO Debut
IPO$911M IPO, +206% debut

Tencent-Backed Enflame Triples In Shanghai IPO Debut

Enflame, the last of China's four state-backed AI chipmakers to go public, raised $911 million and then saw its shares surge as much as 206% on its Shanghai STAR Market debut, without ever reporting a profit.

DEEP DIVE

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More on EnflameAI Chip Wars →Moore's Law →AI Chip Startups →

Enflame FAQ

What is Enflame's valuation?

Enflame was last valued at ~$25.5B, according to CNBC (September 11, 2026).

What is Enflame's revenue?

Enflame's most recent revenue figure is $147M, reported by CNBC, September 2026.

Where is Enflame headquartered?

Enflame is headquartered in Shanghai, China, according to Wikipedia.

Sources & methodologyshow
Where these figures come from
  • CNBCmajor outlet3 facts

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·