Wistron Raises $1.47B for Nvidia AI Supply Purchases

Wistron has priced a global offering of 25 million global depositary receipts (GDRs) at $58.88 each, raising about $1.47 billion for foreign-currency raw-material purchases. The Taiwan-based manufacturer completed the pricing on September 7, according to Reuters via Boursorama, providing working capital for component inputs rather than identifying the offering itself as a new plant-construction programme.

GDR offering funds raw-material purchases

The $58.88 price implies gross proceeds of approximately $1.47 billion from the 25 million GDRs. Wistron said the money would be used for raw-material purchases denominated in foreign currencies.

That stated use aligns the financing with the company’s manufacturing supply needs as it expands its AI hardware footprint, although the reporting did not specify the raw materials involved or how the proceeds would be allocated among individual factories or product lines.

Fort Worth Nvidia production

Wistron opened its D1 facility in Fort Worth, Texas, on July 21. The $700 million site produces NVIDIA GB300 Grace Blackwell Ultra systems and is expected to produce Vera Rubin systems, the company said in a July 22 newsroom release.

The facility provides the clearest recent production context for the GDR sale. However, Wistron’s disclosed purpose for the new funding remains foreign-currency raw-material procurement, while its separately announced capital expenditure decisions cover capacity expansion.

Taiwan and U.S. capacity commitments

On August 4, Wistron approved an additional NT$2 billion of capital expenditure for Hsinchu and NT$8.5 billion for Kaohsiung to support future production-capacity expansion. It also approved two further U.S. AI-capacity investments worth $53 million in total: $23 million for Wistron InfoComm USA and $30 million for SMS Infocomm, according to the company.

Those approvals preceded the September GDR pricing and distinguish the company’s planned physical-capacity spending from the newly raised working capital for input purchases.

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