AI Chip Boom Propels Chairman Of Korean Circuit Board Maker Into The Billionaire Ranks

News Source : Forbes

News Summary

ISU Petasys makes multi-layer printed circuit boards that hold chips and other components for AI servers.
The company’s revenue rose 22% year-over-year to 494 billion won (about $350 million) in the first half of this year.
Its customers include Alphabet, Nvidia, Microsoft, Cisco, Arista Networks and Celestica.
Kim Sang-beom is the latest Korean billionaire to make a fortune from the semiconductor sector.
Other billionaires in the country include Kwak Dong Shin of Hanmi Semiconductor and Lee Chae-yoon of Leeno Industrial.

Sergio Flores/BloombergSurging demand for computer chips and related components amid the AI boom has boosted shares of ISU Petasys, a littleknown manufacturer of printed circuit boards in South Ko [+3230 chars]

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