Korean neocloud Elice now up 68% from IPO-day low — the panic headlines have gone quiet

firstadopter · x · 2026-10-22

Blogger firstadopter notes that Elice, a sub-$1 billion Korean neocloud that mainstream media put on Bloomberg/FT homepages to stir fear, is now up 68% from its IPO-day low — with zero follow-up coverage. He calls it another example of media lacking judgment and context in AI-infrastructure coverage.

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