Moore Threads is about to drop what might be the biggest domestic GPU IPO Shanghai has ever seen, pulling in over 4000 retail investor subscriptions and trying to raise $1.1 billion. Western outlets are hyping them up as the NVIDIA of China, but anyone who actually knows their GPU specs can tell you that take is kinda mid.
Their consumer cards, like the MTT S80 and S90, exist, but the S80 literally gets outperformed by a GTX 1050 Ti from like a decade ago, despite having PCIe Gen 5 support. The S90 supposedly competes with an RTX 4060 after driver improvements saved it from being complete trash. Their workstation card, the S4000, packs 48 GB of GDDR6 memory and claims 25 TFLOPs of FP32 compute, but the company has not shown off any real AI chip that would justify comparisons to NVIDIA.
The IPO cash will probably help with R&D, but right now, they are basically stuck making consumer GPUs that cannot really compete with what AMD and NVIDIA were shipping years back.
Their consumer cards, like the MTT S80 and S90, exist, but the S80 literally gets outperformed by a GTX 1050 Ti from like a decade ago, despite having PCIe Gen 5 support. The S90 supposedly competes with an RTX 4060 after driver improvements saved it from being complete trash. Their workstation card, the S4000, packs 48 GB of GDDR6 memory and claims 25 TFLOPs of FP32 compute, but the company has not shown off any real AI chip that would justify comparisons to NVIDIA.
The IPO cash will probably help with R&D, but right now, they are basically stuck making consumer GPUs that cannot really compete with what AMD and NVIDIA were shipping years back.
