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Google supplier Biwin, GPU leader Moore Threads see stocks plunge despite revenue surge

Google supplier Biwin, GPU leader Moore Threads see stocks plunge despite revenue surge

What's happening

SignalsMonitor is following this as a markets story. South China Morning Post Asia is the outlet attached so far. The first report grouped here was at 29 Oct 2026, 05:35 UTC. The headline in use is “Google supplier Biwin, GPU leader Moore Threads see stocks plunge despite revenue surge”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

Shares of Chinese semiconductor suppliers Biwin Storage Technology and Moore Threads tumbled on Thursday alongside a broader rout in mainland technology stocks, despite blockbuster third-quarter revenue driven by strong artificial intelligence demand. Both stocks plunged more than 10 per cent during Thursday morning trading, reversing Wednesday’s rallies of 8.

South China Morning Post AsiaRead at South China Morning Post Asia

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • South China Morning Post