Jamie Nimmo / Bloomberg:

Filing: UK chip designer Graphcore needs funds to keep operating as a “going concern”, after 2022 revenue fell 46% YoY and pretax losses grew 11% YoY to $204.6M  —  - Revenue fell 46% and the company cut staff and closed offices  — Chipmaker must raise money to continue as ‘going concern’

Jamie Nimmo / Bloomberg:

Filing: UK chip designer Graphcore needs funds to keep operating as a “going concern”, after 2022 revenue fell 46% YoY and pretax losses grew 11% YoY to $204.6M  —  - Revenue fell 46% and the company cut staff and closed offices  — Chipmaker must raise money to continue as ‘going concern’

Source: TechMeme
Source Link: http://www.techmeme.com/231005/p17#a231005p17