Nanya Technology invests in Patch Technology to expand into the AI ​​chip market

Nanya Technology, a memory giant, announced that it will invest more than NT$600 million (about RMB 133.62 million) at a price of NT$30 per share to purchase shares of Patch Technology, with a shareholding ratio of approximately 35.8%. This move is aimed at expanding the emerging artificial intelligence (AI) chip market. Nanya Technology and Patch Technology will carry out strategic cooperation to jointly develop customized ultra-high bandwidth memory (HBM) and invest in Patch Company.