AMD Executive Founds MetaX While Nvidia Faces China Competition

Chinese AI chip startup MetaX Integrated Circuits made a remarkable debut on the Shanghai Stock Exchange's STAR market on Wednesday, December 17, 2025. Its shares surged almost 600% on the first day, reflecting strong investor confidence in China's drive for independence in advanced semiconductors. Founded by former AMD executive Chen Weiliang, MetaX raised approximately $600 million in its IPO and designs GPUs, directly supporting Beijing's efforts to reduce reliance on U.S. technology from companies like Nvidia and Advanced Micro Devices. This successful launch follows a strong market entry by competitor Moore Threads earlier this month. Meanwhile, in the U.S., Oracle's stock has seen a recent dip, falling 14.8% in the last week and 15.3% in the past month, despite a 13.6% gain this year. This pullback comes amidst significant investments in artificial intelligence and cloud computing, as Oracle aims to compete with industry giants like Amazon Web Services, Microsoft Azure, and Google Cloud. The company is integrating AI features across its database solutions, ERP software, Fusion Cloud Applications, and NetSuite. However, a reported setback involving Blue Owl pulling out of a $10 billion deal for a Michigan data center has raised investor concerns about Oracle's debt and the broader AI sector's profitability. The commitment to AI infrastructure remains immense across the tech industry. Cloud computing leaders such as Oracle, Microsoft, and Meta Platforms collectively plan to spend a staggering $500 billion on data center leases in the coming years. Oracle leads this charge, having committed $150 billion in new leases in just three months, bringing its total to $248 billion. Meta is also making a substantial bet, renting its primary AI data center in Louisiana and committing $58 billion to future leases. Google, too, reported a significant increase, with $42.6 billion in future lease plans as of September. Alphabet, currently valued at $3.7 trillion, is projected to become the world's most valuable company by 2026, potentially surpassing Nvidia and Apple, and exceeding Microsoft's $3.5 trillion valuation. Alphabet designs its own AI chips, Tensor Processing Units (TPUs), for internal use and Google Cloud. Leveraging its vast ecosystem, including Google, YouTube, and Android, the company powers its AI tools like Gemini, which already boasts 650 million monthly active users. The release of Gemini 3 in November, praised for improved reasoning, has helped Alphabet's stock climb over 60% in the last year, with experts anticipating its TPUs will slow Nvidia's revenue growth. Beyond the giants, the AI market shows diverse activity. Vitalis Ventures invested $15 million in Drive Health, a healthcare technology company utilizing a Google-powered AI platform called Avery to streamline patient care. Singapore-based AI company Manus, an OpenAI competitor, achieved an annual revenue run rate of over $125 million within eight months of launching its AI agents, growing more than 20% monthly. However, general investor caution persists, with some analysts suggesting selling certain AI stocks before 2026 due to high valuations, unclear monetization strategies, and regulatory sensitivities, especially as a UBS survey indicates only 17% of large businesses widely use AI projects.

Key Takeaways

• Chinese AI chipmaker MetaX Integrated Circuits saw shares jump almost 600% on its Shanghai debut (December 17, 2025), raising $600 million in IPO, signaling China's push for semiconductor independence from U.S. companies like Nvidia and AMD.
• Oracle's stock recently dropped 14.8% and 15.3% despite a 13.6% year-to-date gain, following large AI and cloud investments aimed at competing with Amazon Web Services, Microsoft Azure, and Google Cloud.
• A reported $10 billion funding deal for an Oracle data center with Blue Owl Capital stalled, contributing to wider investor concerns about AI sector profitability and Oracle's debt.
• Oracle, Microsoft, and Meta Platforms plan to spend a combined $500 billion on data center leases; Oracle committed $248 billion total, Meta $58 billion, and Google $42.6 billion in future leases.
• Alphabet, with a current market cap of $3.7 trillion, is predicted to surpass Nvidia and become the world's most valuable company by 2026, potentially reaching a $4 trillion valuation and exceeding Microsoft's $3.5 trillion.
• Alphabet designs its own AI chips (Tensor Processing Units/TPUs) for internal use and Google Cloud, with its Gemini AI tool already having 650 million monthly active users.
• Vitalis Ventures invested $15 million in Drive Health, a healthcare AI company using a Google-powered platform named Avery to improve patient care and reduce staff workload.
• Singapore-based AI company Manus, an OpenAI competitor, achieved an annual revenue run rate of over $125 million within eight months of launching its AI agents, growing over 20% monthly.
• A UBS survey indicates only 17% of large businesses widely use AI projects, raising concerns about slower-than-expected revenue growth from AI investments.
• Some analysts advise selling specific AI stocks before 2026 due to high valuations, unclear monetization plans, strong competition, and sensitivities to data privacy and ethical AI regulations.

Chinese AI Chipmaker MetaX Soars on Stock Market Debut

Chinese AI chip startup MetaX Integrated Circuits saw its shares rise more than sixfold on its first day of trading. The company debuted on the Shanghai Stock Exchange's tech-focused STAR market on Wednesday, December 17, 2025. This surge shows strong investor confidence in China's goal to become independent in advanced semiconductors. MetaX designs GPUs and aims to support Beijing's efforts for homegrown technology. Its GPU was shown at the World Artificial Intelligence Conference in Shanghai in July 2025.

MetaX AI Chip Shares Skyrocket 600 Percent in Debut

MetaX Integrated Circuits saw its shares jump almost 600% on its first day of trading in Shanghai on Wednesday, December 17. This strong debut comes as China works to speed up the listing of its own AI chipmakers. The country aims to reduce its dependence on U.S. technology.

MetaX AI Chipmaker Shares Soar 600 Percent in Shanghai

MetaX Integrated Circuits shares jumped nearly 600% on its first day of trading in Shanghai on Wednesday. This event highlights China's push to list its own AI chipmakers and lessen its reliance on U.S. companies like Nvidia and Advanced Micro Devices. Former AMD executive Chen Weiliang founded MetaX, which raised about $600 million in its IPO last week. This successful debut follows a strong market entry by its competitor, Moore Threads, earlier this month.

Oracle Stock Dips After Big AI and Cloud Growth

Oracle's stock has recently dropped by 14.8% in the last week and 15.3% in the past month, despite being up 13.6% this year. This pullback comes after the company made large investments in artificial intelligence and cloud computing. Oracle aims to compete with major players like Amazon Web Services, Microsoft Azure, and Google Cloud. The company is adding AI features to its database solutions, ERP software, Fusion Cloud Applications, and NetSuite. Investors are now wondering if this dip is a good chance to buy or a sign of bigger problems.

Consider Selling These Two AI Stocks Before 2026

The artificial intelligence market has seen many stocks rise, but some may be too expensive or face problems. Investors should think about selling two specific AI stocks before 2026. The first stock has a very high price compared to its earnings and an unclear plan for making money from its AI technology. The second stock operates in an area sensitive to new rules about data privacy and ethical AI. Both companies also face strong competition, which could make it hard for them to keep growing.

Oracle Leads Tech Giants in Huge AI Data Center Leases

Cloud computing companies like Oracle, Microsoft, and Meta Platforms plan to spend a combined $500 billion on data center leases in the coming years. This huge spending shows the industry's big bet on artificial intelligence. Oracle has committed the most, with $150 billion in new leases in just three months, bringing its total to $248 billion. Renting data centers helps companies avoid large upfront building costs. Meta is renting its main AI data center in Louisiana, committing $58 billion to future leases. Google also reported a big increase in its plans to rent facilities, with $42.6 billion in future leases as of September.

Vitalis Ventures Invests 15 Million in Drive Health AI

Vitalis Ventures, an investment firm focused on AI healthcare technology, announced a $15 million strategic investment in Drive Health. Drive Health is a healthcare technology company that created Avery, a Google-powered AI platform. Avery aims to change how patients find care and reduce the workload for medical staff. An additional part of the investment is set to close in the first quarter of 2026. Vitalis Ventures worked with Insi on this funding.

Singapore AI Company Manus Reaches 125 Million Dollar Sales Rate

Singapore-based AI company Manus announced its annual revenue run rate is now over $125 million. This achievement comes just eight months after it launched its artificial intelligence agents. These agents help users with tasks like screening resumes, planning trips, and analyzing stocks. Manus, an OpenAI competitor, has been growing by more than 20% each month. Its product is not available in China, even though its founders are Chinese.

Oracle Data Center Issue Causes US Tech Stock Drop

US tech stocks fell as new concerns about artificial intelligence investments arose. This happened after Oracle faced a setback with a data center project. Blue Owl, a financial backer, reportedly pulled out of a $10 billion deal for a Michigan data center. This news caused Oracle's shares to decline again and made investors worry about the wider AI sector.

AI Stocks Drop Amid Profit Concerns and Oracle Deal Issues

Several tech stocks, including Upland Software, Palantir Technologies, Zeta Global, Qualys, and C3.ai, fell in the afternoon. Investors worried about high stock prices and how much profit AI investments would actually bring. A UBS survey showed only 17% of large businesses use AI projects widely, suggesting slower revenue growth than expected. Adding to concerns, a $10 billion funding deal for an Oracle data center with Blue Owl Capital reportedly stalled due to Oracle's debt. Palantir Technologies, despite a recent analyst endorsement and strong Q3 revenue growth of 63%, saw its shares drop 4.9%.

Alphabet Predicted to Become World's Most Valuable Company by 2026

Alphabet, with a current market cap of $3.7 trillion, is predicted to surpass Nvidia and become the world's most valuable company by 2026. Alphabet designs its own AI chips, called Tensor Processing Units or TPUs, for internal use and Google Cloud. The company uses its vast ecosystem, including Google, YouTube, and Android, to power its AI tools like Gemini. Gemini already has 650 million monthly active users, quickly catching up to ChatGPT. Experts believe increased competition from Alphabet's TPUs will slow Nvidia's revenue growth, helping Alphabet take the top spot.

Alphabet Poised to Become Next 4 Trillion Dollar Company

Alphabet, currently valued at $3.7 trillion, is expected to be the next company to reach a $4 trillion market cap. This would place it alongside Nvidia and Apple, surpassing Microsoft's current $3.5 trillion valuation. Alphabet's market cap was under $2 trillion in spring 2025, but its massive investments in AI and the release of Gemini 3 in November have changed perceptions. Gemini 3, praised for its improved reasoning and understanding, has helped Alphabet's stock climb over 60% in the last year. Despite these gains, Alphabet remains the second-cheapest among the "Magnificent Seven" stocks, making it an attractive investment.

Sources

• Chinese AI chip startup MetaX surges on trading debut
• Chinese AI chipmaker MetaX shares jump nearly 600% in market debut
• Chinese AI chipmaker MetaX shares jump nearly 600% in market debut
• Is Oracle’s Recent Pullback a Chance After Its AI and Cloud Expansion Surge?
• 2 high-flying AI stocks I'd sell before 2026 arrives
• Oracle at Center of Tech’s $500 Billion AI-Fueled Rent Spree
• Vitalis Ventures Announces $15 Million Strategic Funding for Drive Health to Accelerate Avery, the Clinical Workflow AI
• Manus Says Sales Hit $125 Million Run Rate Months After Launch
• US tech stocks slide as Oracle data centre setback reignites AI concerns
• Upland Software, Palantir Technologies, Zeta Global, Qualys, and C3.ai Stocks Trade Down, What You Need To Know
• Prediction: This Hypergrowth AI Stock Will Finish 2026 With the Largest Market Cap in the World
• Prediction: This AI Stock Could Be the Next $4 Trillion Company in 2026