Rebellions Targets 2027 KOSPI IPO as AI Chip Rally Lifts Semiconductor Stocks 80%
Updated
Updated · CNBC · Jul 8
Rebellions Targets 2027 KOSPI IPO as AI Chip Rally Lifts Semiconductor Stocks 80%
3 articles · Updated · CNBC · Jul 8
Summary
South Korean AI chip startup Rebellions is aiming to go public in the first or second quarter of 2027, with CEO Sunghyun Park saying the company is leaning toward a KOSPI listing.
Real revenue generation is driving the plan, Park said, with J.P. Morgan and Samsung Securities preparing the offering as investors push for a Korea listing tied to the government's AI infrastructure buildout.
Rebellions is still weighing overseas options and is in talks with both the NYSE and Nasdaq, even as Samsung, SK Hynix and a government-backed fund support the company.
The startup sells server systems using its Rebel100 NPU chips and is targeting the fast-growing AI inference market, where demand is rising for chips that run models efficiently after training.
Investor appetite remains strong across the sector: the PHLX Semiconductor index is up about 80% this year, helping spur listings by AI chip companies including Cerebras Systems.