According to CNBC, Wistron Corporation shares fell more than 6% Tuesday after the Nvidia supplier priced a $1.47 billion global depositary receipt offering to fund raw material purchases. The company said Monday it priced 25 million global depositary receipts at $58.88 each, equal to 250 million new common shares, and the shares were set at about NT$186.24 each, a roughly 5.5% discount to Monday's close of NT$197. Wistron said the new shares represent about 7.29% of its outstanding shares before the issuance and that the offering is expected to be issued on Thursday. The proceeds are earmarked for raw material purchases in foreign currencies. Wistron's shares are up about 23% so far this year. The company has also approved NT$10.5 billion in additional capital expenditure for facilities in Taiwan and a combined $53 million for two U.S. subsidiaries to support future AI business expansion. In July, Wistron opened its first U.S. manufacturing facility, a $700 million AI server plant in Fort Worth, Texas, which currently produces Nvidia's GB300 Grace Blackwell Ultra systems and is expected to expand to the next-generation Vera Rubin platform. For the second quarter, Wistron reported revenue of NT$895.4 billion and profit after tax of NT$14.8 billion.