The company’s recent boom has also helped boost the value of stakes held by Chairman Kim Sang-Beom and his family to more than $800 million as of August 3.
(Bloomberg) As investor interest in artificial intelligence sends shares of technology giants soaring, a little-known circuit board maker in South Korea is cashing in big.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’China Official’s Call to Save Xi’s City Angers Flood VictimsApple Surprises in China, Sets India High During Sales SlumpIsu Petas
As investor interest in artificial intelligence (AI) sends shares of technology giants soaring, a little-known circuit board maker in South Korea is cashing in big. Isu Petasys Co., which counts Alphabet Inc., Nvidia Corp. and Microsoft Corp. as customers of its multilayered boards, has seen its share price surge 487…
AI Boom Fuels 487% Stock Surge for Little-Known Hardware Firm bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term effects.
The crisis has hit stocks of tech companies that source or sell globally on fears of further disruptions on the back of a year-long shortage of semiconductor chips.
Ukraine supplies more than 90 percent of US semiconductor-grade neon, critical for lasers used in chipmaking.
The gas, a byproduct of Russian steel manufacturing, is purified in Ukraine, market research firm Techcet said.
Thirty-five percent of US palladium, used in sensors and memory, among other