Taiwanese electronics manufacturer Quanta Computer, a critical partner for Nvidia, plans to raise up to $2.2 billion (18 billion Swedish Krona) through a global depositary share (GDS) offering. This move aims to secure funding for its expansion efforts and reinforce its leading role in the manufacturing of AI servers.
The GDS issuance details were announced on Wednesday, July 29, 2026. This fundraising initiative underscores Quanta's commitment to capitalizing on the surging demand for AI infrastructure, particularly as it collaborates closely with Nvidia, a dominant player in the AI chip market.
Analysts have largely reacted positively to Quanta's strategic move. MarketScreener reports a consensus of 17 analysts recommending "Buy," with an average price target of 391.56 TWD, representing a potential upside of +24.90% from the last closing price of 313.50 TWD. This strong analyst confidence reflects the company's robust growth prospects, with Smartkarma noting a 27% year-over-year increase in July sales, reaching NT$158.34 billion, and a 65.6% surge in revenue for the January to July period.
This fundraising comes amidst a broader strategic push by Quanta to expand its operational footprint. Recent activities include the acquisition of a plant and real estate from AUO, a $61.7 million lease for a plant in California by its U.S. subsidiary, and a $19.7 billion TWD land acquisition. Such investments are geared towards enhancing its capacity to meet the growing global demand for high-performance computing and AI server components.
