Looks like the chip from Moore Thread is really doing very well. Why is that?

Because he has no more places to use the funds he raised. Moore Thread states: "Intend to use 7.5 billion yuan of idle raised funds for cash management." R&D seems to be in place too, because he used the 7.5 billion yuan raised funds to do bank principal-protected financial products. If such funds are placed on Dazi, Google, and Intel, would they use it to do bank principal-protected financial products? Haha🤣

Does the funds go into bank principal-protected financial products? He must not know what this money should be used for, and it can't just be left on the books doing nothing. Is it because the market gave too much, and he actually can't use that much money?

Be more rational. Even if Moore can benchmark Nvidia in the future and truly cut away most of our market, does he really deserve the current valuation? It's really tough. When you previously valued Han Wang, you said he would take away 90% of Nvidia's market. Now the same routine is being used for Moore, and you say he can take 90%...

Alright, that's it. Be cautious with emotional hype. We should still be obedient and buy those truly good companies with high certainty.

$BTC