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Axera

Axera (Ticker: 600 HK) is a China-based fabless semiconductor company specializing in artificial intelligence inference systems-on-a-chip (SoCs). The company delivers high-performance perception and computing platforms for edge and endpoint applications, featuring its proprietary "Axera Neutron" mixed-precision neural processing unit (NPU) and "Axera Proton" AI-ISP. According to filing documents, Axera ranked as the largest global provider of mid-to-high-end visual on-device AI inference chips by shipments in 2024.

Axera plans to list on the Hong Kong Stock Exchange on February 10, 2026. The company is offering approximately 104.9 million shares at a price of HKD 28.20 per share, aiming to raise approximately HKD 2.96 billion (roughly USD 379 million). Axera reportedly plans to use the IPO proceeds for research and development, expanding product capacity, brand promotion, business development, and strategic acquisitions. The offering is sponsored by CICC, BOCOM International, and Guotai Junan Capital. While the company has reported net losses in recent years, it recorded a revenue CAGR of 206.8% from 2022 to 2024, driven by growth in smart vehicle and edge computing sectors.

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February 9

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