# Biwin and Moore Threads shares plunge over 10% despite strong third-quarter revenue

> Original title: Google supplier Biwin, GPU leader Moore Threads see stocks plunge despite revenue surge

- Source: South China Morning Post · Tech
- Published: 2026-10-29T05:35:00.000Z
- Bad Influence: https://badinfluence.news/items/n11cwh2aurtcr777vz6mkul0v
- Original: https://www.scmp.com/tech/tech-trends/article/3372535/google-supplier-biwin-gpu-leader-moore-threads-see-stocks-plunge-despite-revenue-surge

## Summary

Shares of Biwin Storage Technology and Moore Threads each fell more than 10% in Shanghai trading on Thursday, reversing Wednesday's gains of 8.4% and 5.8%. The drop came amid a broader rout in mainland tech stocks, with the Star 50 index down more than 4%, even though both companies reported blockbuster third-quarter revenue driven by AI demand.