Shares of Nvidia supplier Wistron fell more than 6% Tuesday after the Taïwanese company priced a $1.47 billion global depositary receipt offering to fund raw material purchases. The company placed 25 million GDRs at $58.88 each, representing a roughly 5.5% discount to its Monday closing price. The new shares represent about 7.29% of Wistron’s outstanding shares. Wistron is expanding its AI server business, with a new $700 million AI server plant in Fort Worth, Texas, operational since July and currently producing Nvidia’s GB300 Grace Blackwell Ultra systems.
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