Amazon to pick up stake in Taiwan PCB maker through private placement
Taipei, Sept. 30 -- E-commerce and cloud computing giant Amazon has moved to secure a direct equity interest in Taiwan-based printed circuit board (PCB) manufacturer Gold Circuit Electronics Inc. by participating as a strategic investor in the company's private placement, according to a news report by Focus Taiwan.
The investment will transition the major United States cloud service provider from a corporate client into a formal equity shareholder of the Taiwanese firm. This development comes amid a worldwide artificial intelligence boom that continues to accelerate product demand for specialised circuit boards required in AI servers.
In an announcement posted on the Taiwan Stock Exchange, where Gold Circuit shares are traded, the compa...
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