👉 Key Highlights: 📍$SoftBank Group (ADR)(SFTBY.US)$acquires AI chipmaker Graphcore for undisclosed sum. 📍 Graphcore was valued at $2.77 billion in 2020. 📍 Graphcore faced investment challenges to compete with Nvidia. 📍 Graphcore cut headcount by 20% and shut operations in Norway, Japan, South Korea. 📍 SoftBank deal provides resources for Graphcore to compete globally. 📍 CEO Nigel Toon will stay on in his role. 📍 Toon noted Britis...
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📍 $SoftBank Group (ADR)(SFTBY.US)$ acquires AI chipmaker Graphcore for undisclosed sum.
📍 Graphcore was valued at $2.77 billion in 2020.
📍 Graphcore faced investment challenges to compete with Nvidia.
📍 Graphcore cut headcount by 20% and shut operations in Norway, Japan, South Korea.
📍 SoftBank deal provides resources for Graphcore to compete globally.
📍 CEO Nigel Toon will stay on in his role.
📍 Toon noted Britis...
What's up with the ticker?
3 shares bought at 225 and the price jumps to 226 per Robinhood?
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