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Taiwan's Unimicron targets $1.4 billion in global share sale at discounted price amid AI-driven chip demand

By

TOI Business Desk

2d agoen

Source

timesofindia.indiatimes.comTaiwan's Unimicron targets $1.4 billion in global share sale at discounted price amid AI-driven chip demandindiatimes.com
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Taiwan's Unimicron Technology is aiming to raise approximately $1.4 billion through a global share offering, joining a trend of Asian semiconductor firms seeking international capital. The printed circuit board and chip substrate maker is offering 50 million global depositary shares, with proceeds earmarked for foreign currency raw material purchases. This move underscores the booming demand in the AI-driven semiconductor sector, with Unimicron's shares already seeing a significant surge this year.

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