Reported 2 months ago
Despite global market fluctuations, Taiwan's tech firms are successfully raising funds through convertible bonds, particularly driven by heightened interest in artificial intelligence. Notably, Quanta Computer Inc. is set to raise up to $1 billion, contributing to a total of $1.3 billion in dollar-denominated convertible bonds for 2024 alone. This trend reflects a significant shift in capital needs for Taiwanese companies, with investors increasingly seeking exposure to the AI sector.
Source: YAHOO