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

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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.)

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