South Korean AI chip developers Rebellions and Sapeon to merge [Yahoo! Finance]
SK Telecom Co., Ltd. (SKM)
US:NYSE Investor Relations:
sktelecom.com/en/investor/lib/announce.do
Company Research
Source: Yahoo! Finance
Wednesday, in the latest attempt in South Korea to challenge global AI chip leader Nvidia as a boom in artificial intelligence continues. The consolidation is aimed at winning the global AI semiconductor market within the next two to three years, a window of time South Korea must not miss as AI competition intensifies across the world, SK Telecom said in a statement. The merged company will seek to gain a strong position in neural processing units (NPUs) used in AI, with Rebellions responsible for management of the merged entity. AI chip startup Rebellions' ATOM chip, launched last year, was the first NPU developed in South Korea to be used in a data centre for a large language model (LLM) and entered mass production this year. Sapeon unveiled its next-generation X330 AI chip in November last year. Given the speed of AI penetration into various applications, the merger is expected to be signed during the third quarter of this year, and the combined company launched by the end
Show less
Read more
Impact Snapshot
Event Time:
SKM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SKM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SKM alerts
High impacting SK Telecom Co., Ltd. news events
Weekly update
A roundup of the hottest topics
SKM
News
- Reconfigurable Intelligent Surfaces (RIS) Global Market Report 2025-2035, Featuring Alphacore, Evolv Technologies, Greenerwave, Kymeta, Leadoptik, Lumotive, META, Metawave, Pivotal Commware and More [Yahoo! Finance]Yahoo! Finance
- New Strong Buy Stocks for September 25th [Yahoo! Finance]Yahoo! Finance
- Best Income Stocks to Buy for September 25th [Yahoo! Finance]Yahoo! Finance
- SK Telecom: Positive Signs Are Appearing [Seeking Alpha]Seeking Alpha
- SK Telecom tweaks telco aggregator model [Yahoo! Finance]Yahoo! Finance
SKM
Sec Filings
- 9/10/24 - Form 6-K
- 8/6/24 - Form 6-K
- 7/30/24 - Form 6-K
- SKM's page on the SEC website