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

Unimicron Technology

06/07/2026 08:11

Adds more details from term sheet, context and effort to contact company
By Yantoultra Ngui

    SINGAPORE, July 6 (Reuters) - Taiwan's Unimicron Technology 3037.TW plans to raise about $1.4 billion from a global share sale to buy raw materials priced in foreign currencies, according to a term sheet seen by Reuters on Monday. 

    Unimicron is offering 50 million global depositary shares at $26.96 to $27.76 each, the term sheet showed. Each depositary share equals one ordinary share.
  

    The price range is equal to about T$864 ($26.92) to T$889 per share. That marks a discount of 3% to 5.8% to Unimicron's Monday closing price of T$917 in Taipei.
  
The launch adds to a rush of Asian chip-related companies tapping global investors as demand tied to artificial intelligence drives spending across the semiconductor supply chain. 

    South Korea's SK Hynix 000660.KS launched a planned $28 billion U.S. listing on Monday, while Taiwan's Powerchip Semiconductor Manufacturing 6770.TW undertook a global depositary share offering in June.

    A global depositary share is a security that lets overseas investors buy into a company's stock.
  

    Unimicron shares have surged 317% year-to-date, LSEG data showed. The company makes printed circuit boards and chip substrates, parts used to connect and support chips in electronic devices.
  

    The global depositary shares will be listed on the Luxembourg Stock Exchange. Pricing is expected later Monday, the sheet showed. 
  

    Unimicron did not immediately respond to a Reuters request for comment.
  

($1 = 32.0940 Taiwan dollars)

 (Reporting by Yantoultra Ngui; Editing by Christopher Cushing and Kevin Buckland)
 ((Yantoultra.Ngui@thomsonreuters.com;))