Chasing AI Server Opportunities: Mega, First Commercial, and Cathay United Lead Gigabyte Group's NT$47 Billion Syndicated Loan, Oversubscribed 2.11x

Amid surging global demand for AI, cloud computing, and high-performance computing applications, a NT$47 billion syndicated loan for JIS Technology Co., Ltd., a subsidiary of Gigabyte Technology (2376-TW), was officially signed today (21st). The loan is jointly led by Mega International Commercial Bank, First Commercial Bank, and Cathay United Bank. The signing ceremony was attended by Ye Pei-Cheng, Chairman of Gigabyte and JIS Technology; Tung Jui-Pin, Chairman of Mega Bank; Chiu Yueh-Chin, Chairman of First Bank; and Deng Chong-Yi, General Manager of Cathay United Bank.

The syndicated loan has drawn significant attention from the financial sector since its launch. Mega Bank serves as the overall facility coordinator, First Bank as the USD facility manager, and Cathay United Bank as the sustainability loan coordinator. A total of 15 financial institutions participated enthusiastically, with subscription commitments reaching 2.11 times the original target, underscoring strong bank syndicate confidence in JIS Technology's technological capabilities and future business prospects.

JIS Technology, part of Taiwan's leading tech conglomerate Gigabyte Group, focuses on the design, R&D, and global marketing of AI servers, network communication equipment, ODM customized products, and data center solutions. The company maintains deep strategic partnerships with global chip giants such as NVIDIA, Intel, and AMD. Leveraging its industry-leading product IP, in-house R&D strength, and critical full-rack delivery capabilities, JIS has emerged as a key player amid the explosive demand for AI servers.

Benefiting from robust AI server demand, JIS Technology has achieved leapfrog growth in both revenue and profitability in recent years, delivering outstanding operational performance. In its 2026 strategic roadmap, JIS is focusing on the full commercialization of next-generation direct liquid cooling and immersion cooling technologies. It has also pioneered the market launch of ultra-large-scale integrated servers and full-rack systems compatible with the latest-generation AI chips. Combined with flexible customization services, the company is actively securing orders from top-tier global data centers. The 2026 outlook is optimistic, with shipment momentum expected to reach a new historical high.

The syndicated loan will support part of JIS Technology’s working capital needs driven by rapid business expansion, enabling the company to deepen its global footprint in next-generation AI infrastructure, including AI servers and high-performance computing. The loan structure incorporates sustainability performance-linked indicators, tying interest rate adjustments to Gigabyte Group’s achievements in greenhouse gas emission reduction, climate resilience, and resource efficiency—actively encouraging low-carbon transformation in the tech industry. This aligns with the long-term green finance and environmental sustainability strategies of Mega Bank, First Bank, and Cathay United Bank.

Mega Bank, First Bank, and Cathay United Bank have long supported key industries such as semiconductors, AI, electronics, and digital infrastructure, with extensive experience in the syndicated loan market. Since 2020, Mega Bank has been named 'Taiwan Deal of the Year' by the Asia Pacific Loan Market Association (APLMA) four times, earning strong trust from domestic and international institutions. First Bank has been recognized by the Financial Supervisory Commission as an 'Outstanding Bank for Six Core Strategic Industries Lending,' continuously leveraging financial influence to drive industrial innovation. Cathay United Bank continues to advance sustainable and transition finance, offering tailored financial planning and integrated financial solutions. The three lead arrangers will continue to fulfill their core financial roles, partnering with high-quality enterprises to promote Taiwan’s technological advancement, sustainability, and global competitiveness.