AI semiconductor unicorn slows its IPO pace

Korean AI chip unicorns FuriosaAI, Rebellions, and DEEPX are delaying IPOs to raise large funding rounds first.

Their strategy is to build production volume and expand customers before listing at a higher valuation.

Rebellions is targeting a KOSPI debut in the first half of next year, while FuriosaAI is looking at the second half of 2028.

DEEPX also plans to strengthen its business base through funding before deciding on an IPO.