Core Viewpoint - The stock of Moore Threads (688795) experienced a significant drop of over 15% after a previous surge of approximately 28%, indicating volatility in its stock performance [1][2] Group 1: Stock Performance - The stock price fell below 800 yuan after reaching a peak of 941.08 yuan per share [1] - The company warned that the recent stock price increase was significantly higher than related indices, suggesting potential short-term risks of a price correction [1] Group 2: Financial Performance - For the period of January to September 2025, the company reported revenues of 785 million yuan and a net loss attributable to shareholders of 724 million yuan [2] - The company anticipates a net loss for 2025 to be between 1.168 billion yuan and 730 million yuan, indicating potential challenges in achieving profitability [2] Group 3: Product Development and Market Position - The company is focused on maintaining high R&D investment and product iteration based on its self-developed MUSA architecture, but it faces challenges compared to international competitors in terms of R&D strength and technology accumulation [2] - New products and architectures are still in the research phase, and revenue generation will require time due to necessary certification, customer onboarding, and mass production processes [2]
摩尔线程大幅跳水 公司提示多方面风险