According to CoinMeta, Moore Threads (688795. SH) announced that its net profit in the third quarter was 49.2604 million yuan, turning from a loss to a profit year-on-year, with revenue reaching 1.552 billion yuan, a year-on-year increase of 1773.92%. The net profit for the first three quarters was 37.6973 million yuan, and revenue was 3.289 billion yuan, a year-on-year increase of 319.15%. The change in performance is mainly due to the strong demand from the artificial intelligence industry for high-quality computing power and fully functional GPU. The company has strategically laid out three AI factories, and its intelligent computing products, represented by MTTS5000, have received high recognition from customers, driving rapid revenue growth.