In this articleNVDAMetaX booth at the Shanghai New Expo Center in Shanghai, China, on July 26, 2025. (Photo by Ying Tang/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesIt felt like déjà vu when shares of chipmaker MetaX Integrated Circuits soared 700% in its Shanghai market debut on Wednesday. Moore Threads surged over 400% on its first day of trading just two weeks earlier.They're the latest Chinese AI chip companies the country's investors are ploughing money into, as it races to develop its ...