Japanese deal for AI champion Graphcore faces national security review [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
Company Research
Source: Yahoo! Finance
The inquiry has emerged in the wake of SoftBank, the Tokyo-based tech conglomerate that owns a majority stake in semiconductor company Arm, striking a deal for Graphcore It is understood the government review is the final hurdle to the tie-up being announced. The deal is expected to be worth more than $500m (£400m), but substantially less than the $2.8bn the Bristol-based microchip company was valued at in 2020. Multiple sources said the takeover was being scrutinised by the Business Department's investment security unit (ISU). ISU monitors investments in companies dealing in cutting-edge technology. Hundreds of transactions are reviewed each year by the ISU, which was set up in 2022 under national security laws. The majority are cleared without restrictions. Potential deals are often reviewed before investments are agreed and the Cabinet Office can in some circumstances apply conditions to takeovers. Semiconductor and artificial intelligence technologies have faced inc
Show less
Read more
Impact Snapshot
Event Time:
SFTBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SFTBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SFTBY alerts
High impacting SOFTBANK GRP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SFTBY
News
- SoftBank Shares Hit Record High Amid Push Into AI And Computer Chips [Forbes]Forbes
- SoftBank Trades Above Record-High Close in Win for Masayoshi Son [Yahoo! Finance]Yahoo! Finance
- Indian edtech Unacademy cuts another 250 jobs [TechCrunch]TechCrunch
- Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit [CNBC]CNBC
- SoftBank shares rise on $1.86 billion debt offering as CEO talks up 'super' AI [MSNBC.com]MSNBC.com