Taiwanese chip supplier Unimicron targets $1.4B in funding via global depositary shares, serving Apple and Nvidia clients.
Unimicron Technology, a key supplier for Apple (AAPL) and Nvidia (NVDA), aims to raise up to $1.4B through a global depositary share offering. The company will sell 50 million shares priced between $26.96 and $27.76 each.
The move follows growing demand for advanced semiconductor components, driven by AI and consumer electronics sectors. Unimicron’s role in high-end chip production has positioned it as a critical player in the supply chain for major tech firms.
No immediate market reaction was reported following the announcement.