Nanya Technology shares surge 10% after $2.5 billion private placement

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AdvertisementBusinessA Nanya Technology Corp DRAM is pictured in Taipei April 13, 2010. REUTERS/Nicky Loh/File Photo26 Mar 2026 09:10AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TAIPEI, March 26 : Shares of memory chip maker Nanya Technology opened on Thursday limit up 10 per cent after it issued a $2.5 billion private placement backed by tech firms such as Sandisk Technology.Nanya Technology announced share sales to Sandisk Technology, Cisco Systems, among others via private placement late on Wednesday.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST