Moore Threads reports H1 revenue up 147% YoY to ~$258M, a net loss of $1.72M, says it plans a Hong Kong listing, after its stock surged 420%+ since Shanghai IPO (Bloomberg)
Moore Threads is pairing rapid sales growth with a still-unprofitable business and another listing plan.
The Chinese GPU maker reported first-half revenue of about $258 million, up 147% from a year earlier. It posted a net loss of $1.72 million. The company said it plans to list in Hong Kong after its shares rose more than 420% following its Shanghai IPO. Techmeme's note
The Chinese GPU maker reported first-half revenue of about $258 million, up 147% from a year earlier. It posted a net loss of $1.72 million. The company said it plans to list in Hong Kong after its shares rose more than 420% following its Shanghai IPO. Techmeme's note
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