TheTechno Optimist.

MTT GPU FamilyMoore Threads—Moore Threads H1 2026 revenue reaches RMB 1.736 billion, up 147% year-over-yearMoore Threads—Moore Threads board approves Hong Kong listing plan to attract R&D talent and expand globallyMTT GPU FamilyMoore Threads—Moore Threads IPO on Shanghai STAR Market raises over US$1.1 billion, shares surge 468%

Moore Threads

Chinese GPU design, AI acceleration, MUSA architecture

CN$42B market cap~1,300 staffest. 2020moore-threads.com (opens moore-threads.com)Checked 11 Oct

The brief

Analyst view
  • Moore Threads raised over US$1.1 billion in its Shanghai IPO in December 2025, becoming China's first publicly listed GPU maker.
  • H1 2026 revenue: RMB 1.74 billion, up 147% year-over-year with gross profit RMB 989 million.
  • The company's board approved a Hong Kong Stock Exchange listing plan in August 2026 to attract R&D talent and pursue global expansion.

Technical approach

As reported
MUSA ISA

Independent GPU architecture

MUSA ISA supports AI, graphics, physics, science, encoding in one chip.

Product range

Multiple GPU lines

MTT S80, S60, S3000, S2000 cover AI to graphics workloads.

Stack

Full software ecosystem

Programming models, libraries, drivers as alternative to CUDA.

Primer