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GoPro Warns It May Not Survive As AI Memory Crunch Bites
GoPro Warns It May Not Survive As AI Memory Crunch Bites
GoPro shares have been under pressure since last fall, when memory prices began to soar as AI data center buildouts tightened global supply and diverted capacity away from consumer electronics.
On Monday, GoPro filed an 8-K with the SEC, warning of "substantial doubt" about its ability to continue as a going concern and stating that it expects to file an update to its financial statements.
The action-camera maker, once a $12 billion-plus Wall Street MoMo darling after its 2014 IPO,...
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