AI server giant Wistron’s board approved 2 new capital spending projects and a plan to buy a factory from Coretronic Corp. for no more than NT$1 billion to convert for AI server production, media report.

The 2 new capex projects are for NT$6.5 billion and NT$591.6 billion at plants in Kaohsiung and Hsinchu, Taiwan. The Coretronic plant is in Tainan. The new Kaohsiung plant will be done by end-2026 and begin production in early 2027, while the Hsinchu plant is being expanded with new equipment. Wistron said its capex will continue to rise in 2027. $AMZN $GOOGL $META $MSFT $NVDA #semiconductors #AIservers https://money.udn.com/money/story/5612/9810509?from=edn_subcatelist_cate