Moore Threads Technology, a Chinese graphics processing unit (GPU) start-up founded by a veteran of Nvidia’s China operations, has become one of the most closely watched semiconductor players in the country, as domestic AI chip designers race to displace the US chip giant. The Beijing-based company last week received approval from the Shanghai Stock Exchange…
When Chinese artificial intelligence start-up DeepSeek unveiled an updated foundational model late in August, investors in Nvidia were stunned. Shares of the US chip giant slid, as market watchers grappled with news that the two-year-old start-up, which has developed models rivalling the world’s best, was shifting towards supporting domestically produced chips. Adding to their concerns,…
The Hangzhou-based start-up’s updated model, which supports an innovative data format called UE8M0 FP8, was “ushering in a booming domestic computing power chain”, Huatai Securities analysts said in a research note on Tuesday. That architecture showed that the synergy between mainland-designed software and chips would realise significant results, according to the report. FP8, known as…