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Moore Threads' IPO Gets 'Lightning' Approval: Incurring 5.3 Billion Yuan Loss in Three and a Half Years, 7 Billion Yuan in Funding Struggles to Cover the Endless 'Chip' Demands
1 day ago /
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Author：小编
On September 26, the Initial Public Offering (IPO) application submitted by Moore Threads Intelligent Technology (Beijing) Co., Ltd., a domestic GPU (Graphics Processing Unit) enterprise, for listing on the Science and Technology Innovation Board (STAR Market) received swift approval. From the moment the application was lodged on June 30 to its eventual approval, a mere 88 days elapsed. This represents an exceptionally rapid pace, especially considering the prevailing climate of IPO reviews. In the competitive landscape against rivals like Biren Technology and MetaX Integrated Circuits, Moore Threads has managed to secure a temporary advantage, positioning itself on the brink of becoming the 'pioneer domestic GPU stock'.
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