Shares of Moore Threads Technology Co., Ltd. (688795) advanced 0.45% to close at 536.99 yuan on February 6, following the announcement of a strategic collaboration with autonomous driving company Pony.ai. The stock traded between 523.01 and 542.69 yuan during the session.
Strategic Compute Partnership Details
The partnership focuses on training and optimization for Pony.ai's Level 4 autonomous systems. Pony.ai will utilize Moore Threads' MTT S5000 training-and-inference cards and its "Kua'e" computing cluster. Pony.ai's founder and CEO, Peng Jun, described the alliance as a deep integration of AI algorithms and compute, with the company targeting the deployment of more than 3,000 robotaxis by the end of 2026.
Investors are scrutinizing the deal as markets reopen, weighing whether it represents genuine demand for domestic GPU makers like Moore Threads. The company, which went public on the Shanghai Stock Exchange on December 5, 2025, operates in the capital-intensive GPU sector, where market reactions are often sensitive to signs of chips moving into production systems.
Financial Context and Market Watch
In a recent earnings forecast, Moore Threads projected 2025 revenue between 1.45 billion and 1.52 billion yuan, alongside an estimated net loss of 950 million to 1.06 billion yuan, reflecting significant ongoing research and development investment. Separately, the company's shareholders approved proposed caps for routine related-party transactions in 2026 during a meeting on February 6.
Traders are now looking for further details on the commercial scope of the Pony.ai agreement. Analysts note that while such partnerships are promising, they can take time to translate into substantial orders, and autonomous driving programs face regulatory and budgetary uncertainties. The company is scheduled to release its full 2025 annual report on April 27.