Nota Soars on AI Optimization Technology Amid US AI Stock Rally [Market Focus]
As of 2:00 p.m. on November 25, shares of Nota, a company specializing in artificial intelligence (AI) optimization and lightweighting technologies, were trading at 38,600 won on the KOSDAQ market, up 17.33% from the previous day's closing price. This surge appears to be driven by renewed attention to AI-related stocks in the domestic market, following a sharp rise in AI stocks on the New York Stock Exchange the previous day.
Nota's share price had shown a sideways trend after its listing on November 4, when it achieved the so-called "double"-closing at twice its IPO price-and hit the upper price limit for two consecutive days before declining. However, the previous night, news broke that Google had built its Gemini 3.0 system based on its proprietary AI chip, the Tensor Processing Unit (TPU), which led to a strong rally in AI technology stocks on the New York Stock Exchange. As a result, domestic AI-related stocks also attracted attention, with Nota showing the strongest upward trend.
Nota is an AI company founded in 2015 by graduate students from the Korea Advanced Institute of Science and Technology (KAIST). The company possesses technology that enhances efficiency when providing AI services by equipping hardware such as smartphones and laptops with AI semiconductors.
Its clients include Samsung Electronics, Amazon Web Services (AWS), Microsoft (MS), Nvidia, ARM, Qualcomm, and Intel. Fabless companies such as Nvidia use Nota's solutions to make AI models embedded in semiconductors more lightweight. AI data center operators such as AWS and MS utilize Nota's solutions to streamline and optimize their cloud services.
Prior to its listing, Nota attracted investments from major overseas companies such as Nvidia, as well as leading domestic firms including Samsung Electronics, LG, Naver, and Kakao.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.