Amazon agreed to buy about 1.86 million new shares of Gold Circuit Electronics, a Taiwanese maker of circuit boards used in AI servers, for roughly NT$1.59 billion ($54 million) in a private placement priced at about 80% of the company’s reference price, according to a Taiwan Stock Exchange filing. The deal makes Amazon, whose AWS unit already buys from Gold Circuit, a shareholder in the supplier, and it follows Amazon joining a private placement by Taiwanese chip designer Alchip in April. Gold Circuit’s board also approved NT$7.9 billion ($271 million) for land and a new factory, funded with convertible bonds, to add capacity starting in the fourth quarter.
