Taiwan's Unimicron seeks $1.4 billion from depositary share sale as chip firms tap AI boom

Taiwan’s Unimicron seeks $1.4 billion through a global depositary share sale to support chip-material purchases, aligning with investor demand tied to the AI boom. On Monday, Unimicron Technology (3037.TW) disclosed a term sheet seen by Reuters calling for 50 million global depositary shares priced at $26.96 to $27.76 each. Each depositary share represents one ordinary share, implying a price range of about T$864 to T$889 per share, a discount of 3% to 5.8% versus its T$917 close in Taipei on Monday. Pricing is expected later Monday, with listings on the Luxembourg Stock Exchange. Unimicron makes printed circuit boards and chip substrates. The fundraising adds to a broader rush by Asian chip supply-chain firms tapping global capital, including SK Hynix’s $28 billion U.S. listing.