Did anyone catch the “demon stock” Moore Threads today?



It soared 468% right at the open, with the stock price shooting up to 650 yuan. Friends who won the IPO lottery made almost 270,000 yuan per lot—what a tasty profit. The total market cap is now close to 305.5 billion.

I took a quick look at the prospectus. The company mainly focuses on GPUs and related hardware. This IPO raised nearly 8 billion, which they plan to invest in three areas: integrated AI training and inference chips, graphics chips, and AI SoC chip R&D. The rest will be used to supplement working capital.

To be honest, the “independent and controllable” track is definitely hot right now, but whether this valuation can hold depends on future performance. What do you guys think? Are you planning to chase it at these highs?
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GasFeeTearsvip
· 12-05 06:51
A monster stock is truly a monster stock—the opening surge is ridiculously high and a bit scary. It feels great to get allotted shares, but you really need guts to chase at these highs—just afraid of ending up as the bag holder. The GPU chip sector is hot, but with such exaggerated valuations, it always feels a bit risky. A stock price of 650 yuan—they really need to prove they can actually make the chips in the future. Indigenous control is a great theme, but it doesn't necessarily mean it's a good business, you know? Now it's just a matter of seeing who dares to take the last baton.
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0xInsomniavip
· 12-05 06:49
Demon stocks are indeed wild, but a price of 650 seems a bit outrageous to me... Those who got an allocation really made a killing.
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