Unimicron Seeks Up to $1.4 Billion in 50 Million GDS Sale as AI Demand Lifts Chip Stocks
Updated
Updated · Bloomberg · Jul 6
Unimicron Seeks Up to $1.4 Billion in 50 Million GDS Sale as AI Demand Lifts Chip Stocks
3 articles · Updated · Bloomberg · Jul 6
Summary
Unimicron is marketing 50 million global depositary shares at $26.96 to $27.76 each, a deal that could raise as much as $1.4 billion.
The offering comes as investor appetite for AI-linked semiconductor suppliers stays strong, giving the Taiwanese chip company a window to tap global equity markets.
The price range implies a 3% to 6% discount to Unimicron’s Monday Taipei close of NT$917, or $28.59.
Unimicron said it plans to use the proceeds to buy raw materials in foreign currencies, tying the fundraising to operating needs as demand for chip-related inputs remains elevated.