Both Moore Threads, which has been on the market for less than two weeks, and MXC, which has just made its debut on the A-share stage, have spun tales of wealth creation. MXC, often dubbed the "domestic AMD," boasts a founding team with roots at AMD. The company has charted a clear course for its product lineup, embracing a development strategy that prioritizes "inference, followed by training, and ultimately, graphics supplementation." Despite its meteoric rise, the company remains in the red, with its customer base predominantly concentrated in the B2B sector and a notable reliance on a single product. Meanwhile, the founder of Moore Threads hails from NVIDIA, and its MUSA architecture follows a translation compatibility path, catering to both consumer (B2C) and business (B2B) markets. Although these two firms tread different technological paths, they both grapple with the challenges of product performance lagging far behind NVIDIA's offerings and limited application scenarios for domestically produced GPUs. To emerge as customers' top choice, they must tackle issues such as performance enhancement, software ecosystem development, and supply chain stability. Furthermore, whispers abound that Baidu's Kunlunxin is gearing up for a Hong Kong IPO. With substantial revenue, it enjoys the inherent advantage of being backed by a major corporation, yet it also contends with the development bottleneck posed by a singular order source.