June 2, 2026

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

blue and red cargo ship on dock during daytime
Dominik Lückmann / Unsplash

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%...