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

ByJohn Kang,

Forbes Staff.

urging demand for computer chips and related components amid the AI boom has boosted shares of ISU Petasys, a little-known manufacturer of printed circuit boards in South Korea, by 215% so far this year. The stock rise has made the company’s chairman, Kim Sang-beom, South Korea’s newest billionaire.

Kim, 64, directly and indirectly owns 17% of ISU Petasys shares. He also has stakes in other ISU Group companies: ISU Specialty Chemical, ISU Chemical and biotech firm ISU Abxis. Forbes estimates Kim’s net worth at $1.1 billion.

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

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