US stock abnormal movement | QumulusAI (QMLS.US) debuts on the US stock market, with the opening stock price falling and triggering a circuit breaker.

According to the Wisdom Financial APP, on Thursday, QumulusAI (QMLS.US) made its debut on the US stock market, with the opening stock price falling and triggering a circuit breaker. As of the time of publication, the stock had fallen by 39.53% to $22.98. QumulusAI is a US cloud computing company focused on AI GPU cloud infrastructure, and it went public on Nasdaq through a direct listing. The company mainly uses self-built and managed data centers to provide GPU-based artificial intelligence computing power, cloud computing, and high-performance computing services for small and medium-sized enterprises and AI development teams, targeting the AI computing power market outside of the major cloud service providers. The company is gradually shifting its focus from blockchain computing power to AI computing infrastructure to meet the rapidly growing demand for AI computing power.