Silicon Rush: AI Chip Developer DEEPX Prepares for IPO

Yesterday we discussed the demonstration of the DX-M1 platform by Korea’s DEEPX at an exhibition in Japan, and today the startup is taking its next aggressive step. On April 14, 2026, the company announced preparations for an Initial Public Offering (IPO) with an eye on a future US listing.

This is a powerful marker for the hardware market. Investors are ready to pour capital into tier-two AI chip developers as alternatives to NVIDIA's monopoly. Against the backdrop of Japan's multi-billion dollar subsidies to Rapidus, the market debut of Korea's DEEPX confirms: the niche of physical AI (Embodied AI) and Edge computing is becoming one of the hottest spots in the venture market. Localizing computations on the hardware of robots and IoT devices generates a colossal demand for specialized silicon.

Source: Reuters