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Moore Threads Technology

(摩尔线程)

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Moore Threads Technology
摩尔线程
Moore Threads Technology is a Chinese company that specialises in the design of graphics processing units (GPUs) used in high-powered computing, such as video games and artificial intelligence. The company was founded in Beijing in 2020 by Nvidia's former China manager Zhang Jianzhong, along with several former Nvidia engineers.
Lightelligence says it is the first company to achieve large-scale deployment of hybrid optical-electronic computing globally. Photo: Handout
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Other Chinese AI chipmakers, including Cambricon, Moore Threads and MetaX, also posted stellar revenue growth for 2025.

The Biren Technology BR100 GPU chip. Photo: Handout
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Surging demand for AI agents fuels Hong Kong’s race for computing power

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Semiconductors

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent.

Chinese AI chip designer Cambricon posted its first annual profit since listing in 2020. Photo: VCG/VCG via Getty Images
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Moore Threads’ flagship AI chip compatible with latest Alibaba models

The semiconductor developer’s MTT S5000 chip achieves full-stack compatibility with the new Qwen3.5 series.

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Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

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Will Chinese AI chip designer Enflame’s Shanghai IPO be another blockbuster?

Tencent-backed Enflame’s listing on the Star Market could follow successful recent flotations from peers Moore Threads, MetaX and Biren.

AI chip designer Enflame on Wednesday entered the inquiry stage of its initial public offering on Shanghai’s Star Market. Photo: Handout
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China’s Zhipu AI launches new major model GLM-5 in challenge to its rivals

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Zhipu AI, known internationally as Z.ai, says that the new GLM-5 represents a significant shift in AI development. Photo: Shutterstock
Banking & finance

China slashes wait times for loss-making tech firms seeking refinancing, fundraising

Three of China’s stock exchanges have relaxed fundraising time thresholds on listed tech companies as Beijing pushes for self-reliance.

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China’s chip champion Moore Threads sees beyond silicon with push into AI coding

Moore Threads is betting on AI coding software to complement its flagship GPU, as the battle for developer tools intensifies.

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Profits rise for China’s semiconductor firms on AI boom, tech self-reliance push

Domestic A-share companies in the sector are forecast to achieve substantial growth in their 2025 results, according to Donghai Securities.

The results reflect investors’ sharpened focus on stocks related to integrated circuits, semiconductor manufacturing equipment and storage solutions. Photo: Shutterstock
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Alibaba Group Holding’s chip design unit, T-Head, is said to be preparing to go public. Photo: Shutterstock
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China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

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Chinese AI chipmaker Moore Threads set to report tripling of revenue

AI chipmakers have emerged as the most valuable companies in China’s AI field as the country pushes for chips that rival Nvidia’s.

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China’s stock rally on AI optimism to stretch fundraising frenzy in 2026

Tech companies on Shanghai, Shenzhen exchanges now trade nearly 40 per cent above the Nasdaq 100, boosting the appeal of going public.

People walk near a screen displaying stock exchange and economic data in Shanghai on January 6, 2026. Photo: EPA
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Chipmaker GigaDevice jumps 37% in Hong Kong debut amid China self-reliance push

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Baidu and Huawei tighten grip on China’s GPU cloud as chipmakers chase IPOs

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Turning point: China doubles IPOs in 2025 amid eased curbs to boost tech push

CSRC reforms revive fundraising momentum with 115 firms generating US$18.3 billion across mainland China’s exchanges.

The securities regulator rolled back curbs on new listings and resumed approvals for pre-profit technology companies, leading to the IPO boom. Photo: Xinhua
IPO

Shares in Chinese GPU start-up Biren soar in Hong Kong listing

Shares leap 82 per cent in debut after retail investors’ demand exceeds supply by 2,347 times.

Zhang Wen, chairman and CEO of Biren, bangs the gong at the company’s listing ceremony in Hong Kong on January 2, 2026, as HKEX CEO Bonnie Chan (left) and Financial Secretary Paul Chan (second from right) look on. Photo: Jonathan Wong
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China’s Zhipu AI launches US$560 million share sale amid heated IPO tech race

The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong’s first large language model listing.

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Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.

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Artificial intelligence

Moore Threads unveils new AI chips to challenge Nvidia

The Shanghai-listed chipmaker launched the Huashan chip for AI and the Lushan chip for gaming, promising superior performance for both.

Moore Threads’ shares have soared since their debut in Shanghai on December 5. Photo: CFOTO/Future Publishing via Getty Images
Semiconductors

China to remain biggest buyer of chipmaking equipment through 2027: SEMI

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China will remain the top consumer of semiconductor manufacturing hardware at least until 2027, a report says. Photo: Xinhua
US-China trade war

Editorial | Export curbs or not, Trump’s America can’t slow China’s tech surge

US debate over how to contain China’s tech development is irrelevant as Chinese domestic industry development has already taken full flight.

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Opinion | China still needs Nvidia’s advanced AI chips – but for how long?

Beijing seems determined to take up the challenge of building most parts of the AI supply chain domestically.

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