Market Chatter: South Korean AI Chip Firm DeepX Eyes 2026 IPO, May List in the US

MT Newswires Live04-15 19:33

South Korean on-device AI chip company DeepX is planning an initial public offering (IPO) after concluding its ongoing funding round in the first ⁠half of 2026, Reuters reported Wednesday.

DeepX plans to appoint banks for its IPO, and may also seek a US listing after its domestic listing, according to Reuters.

DeepX makes semiconductor chips that run AI tasks on devices, and has partnered with companies such as Hyundai Motor (KRX:005380) and Baidu (HKG:9888), the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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