South Korean AI chip startup DeepX is preparing to list on a stock exchange, a major milestone in its development amid the growing demand for artificial intelligence hardware. The company announced plans to launch an initial public offering domestically while remaining open to a US listing at a later date, according to its chief executive, Lokwon Kim. DeepX, which specialises in making on-device AI chips, is still finalising its funding round, which it expects to complete in the first half of 2026. The firm plans to appoint banks to handle the IPO process after that has been finalised.
The startup has been forming partnerships with leading global companies such as Hyundai Motor and Baidu, indicating its expanding influence in the AI semiconductor market. DeepX focuses on chips for on-device artificial intelligence rather than cloud computing. This paradigm has become critical in the quest for faster, more efficient, and secure AI solutions across various industries. This company’s IPO plans, therefore, come amid a ramping global investor interest in AI chipmakers. Startups in the sector attract attention due to the rapid growth of AI applications across the automotive, consumer electronics, and data processing industries.
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For DeepX, the decision to go public is a signal of a wider plan to be a global rival in a highly competitive semiconductor industry, not just to raise funds. Eventually, a US listing will broaden DeepX’s global presence and investor outreach. As the race for AI chip dominance intensifies, DeepX’s next steps will be closely watched as a forecast for how emerging players are positioning themselves in the global technology landscape.
