On December 9, Moorten announced that it will release its new GPU architecture on December 19 to 20.

Moorten stated that the company will hold its first MUSA Developer Conference. Zhang Jianzhong, founder, chairman, and CEO of Moorten, will systematically elaborate on the comprehensive development strategy and future vision centered around MUSA, and will release the new GPU architecture, launch a complete layout covering product systems, core technologies, and industry solutions, and share multi-field implementation cases and progress in ecological construction.

On December 5, known as the "first stock of domestic GPU", Moorten officially listed on the STAR Market of the Shanghai Stock Exchange. The opening price was 650 yuan per share, an increase of 468.78% from the issue price of 114.28 yuan per share, and finally closed at 600.5 yuan per share.

Boosted by the aforementioned news, on December 9, Moorten rose 5.73%, closing at 628.31 yuan per share, with a total market value reaching 295.3 billion yuan. Compared to the highest point of 688 yuan per share since the opening, there is still a drop of more than 8%.

According to the introduction, so far, Moorten has launched four generations of GPU architectures (Suti, Chunjiao, Quyuan, Pinghu), covering fields such as AI computing, cloud computing, high-performance computing, and graphics rendering.

In the first half of 2025, Moorten achieved revenue of 702 million yuan, exceeding the total revenue from 2022 to 2024, but still faced a loss, with a net profit attributable to shareholders of -271 million yuan during the same period. As of June 30, 2025, the company's cumulative unremedied losses were approximately 1.48 billion yuan. The company expects to achieve consolidated financial statement profitability as early as 2027.

Original: toutiao.com/article/7581764534521479720/

Statement: This article represents the views of the author himself.