Group 1 - The core viewpoint is that Moore Threads, regarded as the "first domestic GPU stock," reached a historic high stock price of 941.08 yuan per share on December 11, 2023, after breaking through 900 yuan during trading [1] - Moore Threads was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 5, 2023, with an initial offering price of 114.28 yuan per share. The company has successfully launched four generations of GPU architectures, creating a diverse product matrix covering AI computing, high-performance computing, graphics rendering, computing virtualization, and intelligent media [3] - Another domestic GPU company, Muxi Co., disclosed its IPO results, with online investors subscribing to 9.6452 million shares for a total of 1.009 billion yuan, and offline investors subscribing to 22.8291 million shares for a total of 2.389 billion yuan [3] Group 2 - Several listed companies have established connections with Moore Threads. For instance, A-share company Guangdian Yuntong indicated that its subsidiary has integrated Moore Threads graphics cards into some of its server products. Century Huatong announced that it indirectly holds shares in Moore Threads through a fund held by its wholly-owned subsidiary, which is expected to impact the company's net profit in Q4 2025 [3] - Moore Threads announced the first MUSA Developer Conference to be held in Beijing on December 19-20, where the founder and CEO Zhang Jianzhong will elaborate on the full-stack development strategy centered around MUSA [4]

Core Viewpoint - The company has integrated some of its server products with Moore Threads graphics cards, but this collaboration currently has a minimal impact on overall business performance [1]. Group 1 - The company, Guangdian Yuntong, confirmed its collaboration with Moore Threads through its subsidiary Guangdian Wuzhou [1]. - The integration of Moore Threads graphics cards into the company's server products is a strategic move to stay aligned with market trends [1]. - The company is actively monitoring market dynamics to seize potential opportunities in the future [1].

Group 1 - The core viewpoint of the article is that Guangdian Yuntong (002152.SZ) has integrated Moores Threads graphics cards into some of its server products through its subsidiary Guangdian Wuzhou, although this business currently has a minimal impact on the company's overall operating performance [1]