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AI Chip Boom Propels Chairman Of Korean Circuit Board Maker Into The Billionaire Ranks

admin5542 months ago05 mins

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,…

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  • Finance

Arm Joins $250 Million Funding Round Of Korean AI Chip Startup Rebellions

admin5542 months ago04 mins

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….

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  • Finance

Trump’s Tax On Nvidia’s Exports To China Taxes The U.S.’s AI Primacy

admin5543 months ago07 mins

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…

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  • Technology

Microsoft Reaches $4 Trillion Valuation After Solid Results

admin5544 months ago04 mins

Microsoft hit $4 trillion (roughly Rs. 3,49,15,020 crore) in stock market value on Thursday, becoming the second publicly traded company after Nvidia to surpass that milestone following a blockbuster earnings report that showed its massive bets on AI are paying off. Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon…

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