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Nanya Technology shares surge 10% after $2.5 billion private placement

ReutersMar 26, 2026 1:05 AM

TAIPEI, March 26 (Reuters) - Shares of memory chip maker Nanya Technology 2408.TW opened on Thursday limit up 10% after it issued a $2.5 billion private placement backed by tech firms such as Sandisk Technology.

Nanya Technology announced share sales to Sandisk Technology, Cisco Systems, among others via private placement late on Wednesday.

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