Nvidia Supplier Wistron Raises $1.47 Billion to Expand AI-Server Output
Nvidia, a leading supplier of AI accelerators, received a manufacturing boost as supplier Wistron raised $1.47 billion by issuing 25 million depositary receipts at a 5.5% discount, diluting existing holders by about 7.29%. Wistron plans to use proceeds for foreign-currency raw materials and to scale AI-server production tied to Nvidia’s latest systems, alongside a $700 million Texas facility.