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Black Sesame International Holding Limited ( (HK:2533) ) has issued an announcement.
Black Sesame International Holding Limited has entered into a non-legally binding letter of intent to potentially acquire a Chinese company specializing in cost-effective AI SoCs and solutions. This acquisition aims to enhance Black Sesame’s offerings in automotive-grade computing chips and expand into robotics applications, potentially strengthening its competitive position in the AI SoC market.
More about Black Sesame International Holding Limited
Black Sesame International Holding Limited is a company incorporated in the Cayman Islands, focusing on the development and sales of artificial intelligence system-on-chips (SoCs) and solutions, particularly in automotive intelligence and edge AI applications.
Average Trading Volume: 9,728,952
Technical Sentiment Signal: Strong Sell
For an in-depth examination of 2533 stock, go to TipRanks’ Overview page.