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Moore Threads Shares Jump Over 16%, Market Value Tops 400 Billion Yuan

Chinese GPU maker Moore Threads saw its stock price rise above 856 yuan, boosting its total market capitalization past 400 billion yuan.

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Terms & Concepts
  • Market Capitalization: The total market value of a company's outstanding shares, calculated by multiplying the share price by the number of shares.
  • GPU (Graphics Processing Unit): A processor designed to accelerate graphics rendering, often used in gaming, AI, and blockchain applications.