Taiwan’s technology sector just went on its biggest borrowing spree ever. Companies across the island have completed $14.5 billion in debt deals, all aimed at expanding capacity for artificial intelligence infrastructure.
The convertible bond boom
Convertible bond sales from Taiwanese firms hit $4.4 billion in the first quarter of 2026 alone, setting a new record. That single quarter accounts for nearly a third of the broader $14.5 billion total.
Wiwynn, a cloud computing server manufacturer that supplies major data center operators, led the charge by raising $2 billion. The company has become a critical link in the AI supply chain, building the physical hardware that companies like Microsoft and Meta need to train and deploy their models.
TSMC sets the pace
