Moore Thread (688795.SH) expects revenue of 1.65 billion yuan to 1.75 billion yuan in the first half of the year, an increase of 135.12% to 149.37% year-on-year

According to the Zhitong Finance App, Moore Thread (688795.SH) announced that the company expects to achieve revenue of 1.65 billion yuan to 1.75 billion yuan for the half-year 2026, an increase of 135.12% to 149.37% over the previous year.

During the reporting period, thanks to the booming development of the artificial intelligence industry and strong market demand for full-function GPUs, the commercialization of the company's Kua'e Intelligent Computing Cluster was accelerated, product performance was highly recognized by customers and stable supply was achieved. The company's competitive advantage in the market was further expanded, driving rapid revenue growth.

The company has always focused on the development and innovation of full-function GPUs, and continues to promote the rapid iteration of chip architectures and the rich improvement of the cloud-side product matrix. The company's flagship MTTS5000 all-in-one full-function GPU intelligent computing card has reached market-leading performance levels, and mass production has been achieved on a large scale. The company continues to deliver large-scale clusters built on this product, which can efficiently support large-scale model training with trillion parameters, and its computational efficiency has reached the advanced level of foreign GPU clusters of the same size.