The plasma-facing materials in fusion reactors will face very extreme servicing condition such as high temperatures, high thermal loads, extreme irradiation conditions induced by high-energy neutron, and high fluences of high-flux and low-energy plasma. Tungsten is considered as the most promising material for plasma-facing components (PFCs) in the magnetic confinement fusion devices, due to its high melting temperature, high thermal conductivity, low swelling, low tritium retention, and low sputtering yield. However, some important shortcomings such as the irradiation brittleness and high ductility-brittle transition temperature of pure tungsten limit its application. Focusing on this issue, various W alloys with enhanced performance have been developed. Among them, nanoparticle dispersion strengthening such as oxide particle dispersion-strengthened (ODS-W) and carbide particle dispersion-strengthened (CDS-W) tungsten alloys and W fiber-reinforced W f /W composites are promising. This chapter mainly reviews the preparation, microstructure, properties, regulation, and service performance evaluation of ODS-W, CDS-W, and W f /W materials, as well as future possible development is proposed.