Phison raises US$800 million to support AI storage demand

DigiTimes reports that Phison completed pricing for an overseas convertible bond sale. The financing is tied in the source to growing demand for AI storage and related products. The funding does not directly change NAND output, but it gives Phison more financial flexibility to support controller development and storage-solution growth. For the NAND ecosystem, this is a company-level signal that AI storage demand is strong enough to justify a sizeable capital-market transaction.