Moore Threads, a prominent player in the gaming GPU industry, is gearing up for a major IPO in Shanghai, earning the nickname “NVIDIA of China” by some. This ambitious move aims to solidify its position in the competitive landscape of graphics processing units.
Moore Threads’ Journey and Upcoming IPO
Though new to many, Moore Threads has been on the radar for those following the GPU sector. The company is preparing for what is said to be the largest IPO in China’s domestic GPU market, with reports indicating that it has attracted over 4,000 subscriptions from retail investors. The upcoming Shanghai STAR listing is expected to raise a substantial $1.1 billion, signifying the firm’s growth ambitions.
The firm’s focus has largely been on consumer GPUs, with the MTT S80 and MTT S90 standing out as key offerings. Moore Threads claims its GPUs can compete with NVIDIA’s RTX/GTX series, though its AI chip capabilities are still under wraps. Despite reports of developing a 7nm-based platform, the company has yet to present a functional AI solution to the market.
Technical Insights and Product Lineup
Moore Threads has an extensive array of gaming GPUs, including its consumer-focused MTT S80 and MTT S90, and workstation models like the MTT S4000 and MTT X300. The company’s GPUs boast noteworthy specifications, but actual performance has not consistently matched expectations. The MTT S80, for instance, features 4096 MUSA cores and PCIe Gen 5 x16 support but lags behind older NVIDIA models in performance tests.
The MTT S90, however, showcases improved performance, potentially rivaling NVIDIA’s RTX 4060 based on available benchmarks. These advancements are attributed to Moore Threads’ efforts in refining its GPU drivers, which initially faced challenges in the market.
For the professional market, Moore Threads offers the MTT S4000, positioned as a competitor in the DC markets. With 48 GB of GDDR6 memory and a promising multi-GPU solution, the S4000 aims to cater to AI and professional computing needs.
Conclusion and Market Outlook
Despite the compelling specifications, Moore Threads has yet to establish itself as a formidable contender in the global GPU space. While the Shanghai IPO could significantly boost its R&D and manufacturing capabilities, the firm primarily remains focused on consumer GPUs with limited offerings in the DC/AI sectors. As China continues to prioritize domestic tech solutions, Moore Threads and its contemporaries may see increased interest, even if it doesn’t fully align with their current market capabilities.
