[Special Stock] DSC Inbe Hits Upper Limit on Meta Furiosa Acquisition News

Meta in the United States is reportedly in talks to acquire the domestic AI semiconductor design startup Furiosa AI, leading DSC Investment to hit the upper price limit.

As of 10:05 AM on the 12th, DSC Investment's stock price is at the upper limit of 3,730 KRW. On the 11th (local time), the US economic media Forbes reported that "Meta is pushing for the acquisition of Furiosa AI, and the acquisition talks could be completed as early as this month," causing the stock to surge to the upper limit immediately after the market opened.

Furiosa AI is a fabless (semiconductor design specialized) company developing semiconductors specialized for AI inference computation in data center servers. It was founded in 2017 by CEO Baek Jun-ho, formerly of Samsung Electronics and AMD, and unveiled its first AI semiconductor "Warboy" in 2021. Last year, it announced the next-generation AI semiconductor "Renegade."

Meta is currently purchasing AI chips from Nvidia, incurring huge costs, and appears to be pursuing the acquisition of Furiosa AI as a strategic choice for in-house chip development.

DSC Investment is known to have invested in Furiosa AI from the pre-Series A stage and also participated in Series A and B rounds. Its stake is estimated to be around 10%.

Furiosa AI has been pursuing a domestic listing since last year, and its corporate value at the time of listing has been mentioned to exceed 3 trillion KRW.