Source: China – South China Morning PostMoore Threads, one of China’s artificial intelligence chip champions, expects to report a tripling of revenue for 2025, reflecting how local semiconductor firms are expanding rapidly amid Beijing’s push for self-sufficiency.
The company, founded in 2020 by Nvidia’s former China head Zhang Jianzhong, said it expected revenue to land between 1.45 billion yuan (US$208 million) and 1.52 billion yuan after surging between 231 per cent and 247 per cent compared with 2024, according to a stock exchange…Read More