Asustek (ASUS) raised US$2 billion in its first overseas syndicated loan - double the originally targeted $1B - on strong demand from international lenders, media report. CFO Nick Wu said the funds will support global expansion amid the AI supercycle, helping deepen the company’s Cloud AI, Edge AI, and Physical AI efforts.

ASUS builds AI servers in addition to its own-brand PCs, laptops, and gaming products, and remains the world’s largest motherboard maker. HSBC arranged the deal for Asustek’s wholly owned Singapore subsidiary (ASUS Global Pte. Ltd.). #Taiwan #Asustek #ASUS https://money.udn.com/money/story/11162/9824898?from=edn_maintab_index&dark_mode=1