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Elice stories

Oct 20, 2026

Elice data center infrastructure company plunges 33% in trading debut

South Korean data center infrastructure provider Elice fell as much as 36% from its IPO price in its market debut, underscoring investor concerns about AI infrastructure spending.

Oct 20, 2026·3 sources

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Top claims

▪Elice Inc. raised approximately 201 billion won ($151 million) after pricing its initial public offering at the top of its marketed indicative range in the largest IPO on the Kosdaq market in 2026
▪SK Hynix and Samsung Electronics together account for approximately half of the Kospi Composite index, which has lost a fifth of its value over the past month
▪Nvidia-backed data center operator Firmus abandoned its planned $5 billion initial public offering in Australia less than two weeks prior to Elice Inc.'s debut

Topics

GPU performance Compute, chips & AI infrastructure AI Data Center Gold Rush South Korean stock market

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