Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen
Published . Updated .
Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
Directly affected
- NVDA Nvidia
Named in this report.
Indirectly affected
- TSM Taiwan Semiconductor
The main advanced-chip manufacturer sits in Taiwan
- ASML ASML
Chipmaking-equipment sales follow export rules
- AVGO Broadcom
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMD AMD
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMAT Applied Materials
Chip-equipment makers feel export controls
- LRCX Lam Research
Chip-equipment makers feel export controls
- SMH VanEck Semiconductor
A fund of semiconductor companies
- SOXX iShares Semiconductor
A fund of semiconductor companies
- QQQ Invesco QQQ
Big tech moves with chip-supply risk
- SUPX SUPERX AI TECHNOLOGY LTD
GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
Source: BBC
How far SuperX AI Technology (SUPX) has moved since 11 Oct 2026
Since the first closing price after “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” SuperX AI Technology (SUPX) is +1.51%. The S&P 500 fund (SPY) is -1.47% over the same days, a +2.98% difference versus the market.
| Company | When | Move | Status |
|---|---|---|---|
| American Battery Technology (ABAT) | that day | -4.38% | final price |
| American Battery Technology (ABAT) | the next day | -10.95% | final price |
| American Battery Technology (ABAT) | two days later | -14.60% | final price |
| American Battery Technology (ABAT) | three days later | -22.14% | final price |
| American Battery Technology (ABAT) | three days earlier | +4.87% | final price |
| American Battery Technology (ABAT) | five days earlier | +7.06% | final price |
| Aecom (ACM) | that day | -0.36% | final price |
| Aecom (ACM) | the next day | -0.79% | final price |
| Aecom (ACM) | two days later | -0.07% | final price |
| Aecom (ACM) | three days later | -1.81% | final price |
| Aecom (ACM) | three days earlier | +1.19% | final price |
| Aecom (ACM) | five days earlier | +0.27% | final price |
| C3.ai (AI) | that day | +1.68% | final price |
| C3.ai (AI) | the next day | +2.38% | final price |
| C3.ai (AI) | two days later | +5.91% | final price |
| C3.ai (AI) | three days later | +3.09% | final price |
| C3.ai (AI) | three days earlier | -0.79% | final price |
| C3.ai (AI) | five days earlier | -2.74% | final price |
| Amkor Technology (AMKR) | that day | -3.63% | final price |
| Amkor Technology (AMKR) | the next day | -5.59% | final price |
| Amkor Technology (AMKR) | two days later | -6.59% | final price |
| Amkor Technology (AMKR) | three days later | -12.16% | final price |
| Amkor Technology (AMKR) | three days earlier | +4.68% | final price |
| Amkor Technology (AMKR) | five days earlier | +9.86% | final price |
| Alpha & Omega Semiconductor (AOSL) | that day | -1.79% | final price |
| Alpha & Omega Semiconductor (AOSL) | the next day | -6.40% | final price |
| Alpha & Omega Semiconductor (AOSL) | two days later | -8.94% | final price |
| Alpha & Omega Semiconductor (AOSL) | three days later | -17.43% | final price |
| Alpha & Omega Semiconductor (AOSL) | three days earlier | +5.24% | final price |
| Alpha & Omega Semiconductor (AOSL) | five days earlier | +6.40% | final price |
Disclosure records for SuperX AI Technology (SUPX) within two months of 11 Oct 2026
- Donald J Trump buy Aecom (ACM) ($1,001 - $15,000). That is 44 days before publication, inside 60 days. The filing is listed beside the story “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen.”
- Donald J Trump sell Aecom (ACM) ($1,001 - $15,000). That is 48 days before publication, inside 60 days. The filing is listed beside the story “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen.”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around SuperX AI Technology (SUPX)
Companies tied to this story
- SUPX SuperX AI Technology
In “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” SuperX AI Technology (SUPX) is linked, with no stored direction, medium confidence. Reason on file: GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ABAT American Battery Technology
American Battery Technology (ABAT) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen.” Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ACM Aecom
For “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” Aecom (ACM) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AI C3.ai
C3.ai (AI) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen.” Reason on file: GA selected AI as a RELATED security because its canonical security name directly matches this event's themes: ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMKR Amkor Technology
In “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” Amkor Technology (AMKR) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMKR as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AOSL Alpha & Omega Semiconductor
In “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
SuperX AI Technology (SUPX)
SuperX AI Technology (SUPX) is the company in “Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen,” the 11 Oct 2026 this story story.
SuperX AI Technology (SUPX) is on the page because GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, American Battery Technology (ABAT): GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for SuperX AI Technology (SUPX), and the dates in the story
ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. ACM traded between 56.41 and 63.73 across 20 sessions. The latest close on file is 57.99. SUPX traded between 6.15 and 7.09 across 10 sessions. The latest close on file is 6.72.
How strong the case is around SuperX AI Technology (SUPX)
46 out of 100
“Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.