Moore Threads projects over 135% revenue growth in H1 2026
Chinese technology firm Moore Threads has issued a preliminary earnings forecast for the first half of 2026. The company anticipates its revenue could increase by up to 149 percent year-over-year.
Chinese AI chip developer Moore Threads has announced a strong preliminary earnings forecast for the first half of 2026, projecting total revenue between RMB 1.65 billion and RMB 1.75 billion (approximately USD 227-241 million).
This projection indicates a substantial year-over-year increase of 135.12% to 149.37%. The anticipated growth is attributed to the burgeoning artificial intelligence industry and a robust demand for full-function GPUs required for AI development.
Moore Threads stated that its flagship product, the MTT S5000, has achieved mass production and meets international performance standards. Additionally, the company's "kuae" artificial intelligence computing cluster has seen accelerated commercialization, demonstrating high efficiency in training trillion-parameter large models and strengthening its market competitiveness.
The company's performance projection places it as a significant player in China's push to develop domestic AI hardware capabilities, aiming to compete with established global semiconductor giants. The strong revenue outlook reflects the rapidly expanding market for advanced AI processing units.
The forecast was released on July 16, 2026. The final financial figures are subject to auditing and will be confirmed in the company's official semi-annual report.