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Stockreport

Samsung backs South Korean AI chip startup Rebellions ahead of IPO [MSNBC.com]

NVIDIA Corporation (NVDA)  More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
In this articleThe Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in chips.South Korean artificial intelligence chip startup Rebellions has raised money from tech giant Samsung and is targeting a funding round of up to $200 million ahead of a public listing, the company's management told CNBC on Tuesday.Last year, Rebellions merged with another startup in South Korea calledSapeonRebellions is currently raising money and is targeting funding of between $150 million and $200 million, Sungkyue Shin, chief financial officer of the startup, told CNBC on Tuesday.Samsung's investment in Rebellions last week was part of that, Shin said, though he declined to say how much the tech giant poured in.Since its founding in 2020, Rebellions has raised $220 million, Shin added.The current funding round is ongoing and Shin said Rebellions is talking to its current investors as [Read more]
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Stockreport

Samsung backs South Korean AI chip startup Rebellions ahead of IPO [MSNBC.com]

NVIDIA Corporation  (NVDA) 
More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
In this articleThe Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in chips.South Korean artificial intelligence chip startup Rebellions has raised money from tech giant Samsung and is targeting a funding round of up to $200 million ahead of a public listing, the company's management told CNBC on Tuesday.Last year, Rebellions merged with another startup in South Korea calledSapeonRebellions is currently raising money and is targeting funding of between $150 million and $200 million, Sungkyue Shin, chief financial officer of the startup, told CNBC on Tuesday.Samsung's investment in Rebellions last week was part of that, Shin said, though he declined to say how much the tech giant poured in.Since its founding in 2020, Rebellions has raised $220 million, Shin added.The current funding round is ongoing and Shin said Rebellions is talking to its current investors as [Read more]
IMPACT SNAPSHOT
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NVDA
Last Price
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Price Change %
Volume Shares
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%
Don't Miss Out On The Next BIG Stock Move
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
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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VOLUME (SHARES)
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PERFORMANCE SINCE EVENT
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