Moore Threads Turns Profit as Q3 Revenue Hits 1.552 Billion Yuan, Up 17 Times; Open-Sources MUSA Framework
Domestic GPU maker Moore Threads reported third-quarter revenue of 1.552 billion yuan, up 1,773.92% year on year, with net profit attributable to shareholders of 49.26 million yuan and non-recurring net profit of 20.07 million yuan, both turning profitable. First-three-quarters revenue reached 3.289 billion yuan, up 319.15%, with R&D investment of 1.34 billion yuan, up 55.72%, as its intelligent-computing products landed in AI infrastructure. The company also open-sourced a 10,000-card-level MUSA training framework, extending its domestic GPU software ecosystem. The result is read as the hardest signal yet that China's domestic GPUs have moved from "can ship" to "can profit" within the local AI compute chain.
Source: Moore Threads / Daily AI Brief, Oct 28, 2026 | 2026-10-28
- China Unveils 'StarHub' Plan for Space-Based Computing: 800 Satellites by 2032, Trillion-Yuan Industry
- Action Intelligence Launches Chorus Cross-Embodiment Data Engine, Expanding Robot Training Data 40x
- GTHT Plans 20 Billion Yuan Shanghai Navigation Tech Innovation Fund With AI as Key Focus
- Physical AI Hits Commercial Inflection as Nvidia, Germany and Optimus Bet on a 6 Trillion Dollar Market
- Yiwu's First-Half Export Exceeds 420.7 Billion Yuan for First Time as Christmas Goods Hold 80% of Global Market
- China's Commerce Minister Meets European Parliament Trade Chair, Pledges Stable, Balanced EU-China Ties
- US Section 232 Finds Robot and Industrial Machinery Imports a 'National Security Threat' but Delays Tariffs 180 Days
- Tencent Open-Sources Hunyuan Hy3 With Apache 2.0 License, Free for Commercial Use
- DiffuSphere Open-Sources Clover-35B Diffusion LLM, Claims 5-10x Speed Over Autoregressive Peers
- Wuzhen Summit Open-Source Pavilion Opens as China's Open Models Top Global Call Volume
