A circuit board. Sergio Flores/Bloomberg Surging demand for computer chips and related components amid the AI boom has boosted shares of ISU Petasys, a little-known manufacturer of printed circuit boards in South Korea, by 215% so far this year. The stock rise has made the company’s chairman, Kim Sang-beom, South Korea’s newest billionaire. Kim, 64,…
Rebellions cofounder and CEO Sunghyun Park. Jae-hyun Kim for Forbes Asia Rebellions, a South Korean semiconductor startup, raised $250 million at a valuation of $1.4 billion to help build its latest AI chip offering, called the Rebel-Quad. Arm, the chip designer backed by Japanese billionaire Masayoshi Son’s SoftBank, invested in Rebellions for the first time….
WASHINGTON, DC – APRIL 30: U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Trump was joined by CEOs to highlight companies and their investments in the United States during…
Nvidia AMD SOPA Images/LightRocket via Getty Images Two of the largest companies in the world, Nvidia and AMD, have agreed to pay the U.S. 15% of their revenues from sales of chips and semiconductors to China. This agreement can be viewed as a win-win for technology conglomerates and the U.S. government, as it enables Nvidia…