Moore Threads shares fell 20% after a lockup expired, Business Insider reports
Business Insider says the GPU maker was founded by a former Nvidia China executive and describes the selloff as a sharp reversal for one of the biggest winners from China's AI frenzy.
TLDR
Business Insider reports that Moore Threads shares fell 20% after a lockup expired. The publisher says the GPU maker was founded by a former Nvidia China executive, and describes the decline as a sharp reversal for a company that had been one of the biggest winners from China's AI frenzy.
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