reuters.com

Wistron Raises $1.5 Billion in Global Share Sale to Buy Raw Materials

Wistron Corporation logoWistron Corporation
Sig3.35Sen+4.25Env0.00Soc0.00Gov0.00

Wistron approved additional spending to expand production in Taiwan and opened a $700 million plant in Texas in July to manufacture Nvidia’s latest AI systems. The company also raised about $1.5 billion by selling 25 million global depositary receipts priced near the low end of its range, using proceeds to buy raw materials in foreign currencies.

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