Amazon Buys 1% Stake in Taiwan Chip Designer Alchip for $73 Million
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Amazon bought more than 557,000 shares of Taiwan chip designer Alchip Technologies for NT$2.36 billion ($73 million) in a private placement, according to a media report. The deal was priced at a 12% discount to the open-market price and increases Amazon’s stake in its chip design partner to 1%.
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@dnystedtAmazon bought over 557,000 shares of Taiwan chip designer Alchip Technologies for NT$2.36 billion (US$73 million) in a private placement at a 12% discount to the open market price, media report, noting the purchase raises Amazon’s stake in