Silicon Motion announces closing of $1.15B convertible notes
The offering included exercise of a $150 million option, carries 0.00% interest, and matures on August 15, 2031.
See the latest news and media coverage for Silicon Motion. We track all announcements, press releases, and industry mentions in real time, all in one place.
NAND flash controllers and solid-state storage solutions
siliconmotion.comLast updated
In short: Silicon Motion completed a $1.15 billion notes offering and reported record financial growth fueled by surging demand for AI storage.
The offering included exercise of a $150 million option, carries 0.00% interest, and matures on August 15, 2031.
The zero-coupon notes due 2031 will repay outstanding credit and fund general corporate purposes.
The kit features next-generation PerformaShape technology to improve SSD QoS and supports enterprise SSDs as a persistent memory layer for agentic AI.
Revenue increased 127% year-over-year to $451 million, with strong growth across all segments.
Silicon Motion Technology Corp stock closed at USD 241.14 on September 16, 2026 after reporting Q2 2026 revenue of USD 451 million, up from the...
I maintain a Strong Buy on Silicon Motion Technology with a revised $409 price target, reflecting accelerated enterprise and ...
K&L Gates LLP has advised Silicon Motion Technology Corporation. Silicon Motion Technology Corporation has completed a Rule 144A offering of $1.15 billion in aggregate principal...
Silicon Motion Technology (NASDAQ:SIMO) Shares Up 4.2% - Here's Why...
Track Silicon Motion and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.