Moore Threads 2026 Interim: Revenue Up 147% to RMB 1.736 Billion, Net Loss Narrows Sharply

Moore Threads recently released its 2026 semi-annual report. The company posted revenue of RMB 1.736 billion for the first half, up 147.42% year on year, while its net loss attributable to shareholders narrowed to RMB 11.56 million, compared with a loss of RMB 271 million in the same period of 2025, a significant reduction in the loss scale. The company said the sharp revenue increase was mainly driven by the continued development of the artificial intelligence industry and robust demand for full-function GPUs during the reporting period. It also cited accelerated commercialization of its Kuae AI computing cluster, customer recognition of product performance, and stable product supply, which expanded its competitive advantage and drove rapid revenue growth.