Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Silicon Motion Technology Corporation closes $1,150,000,000 upsized offering of Convertible Senior Notes to accelerate growth in Enterprise Boot Drive Storage and Automotive solutions.

PUBLIC · SIMOAug 13, 2026•about 18 hours ago

Amount Raised

$1.15 Billion

Round Type

Convertible Note

MilpitasManufacturingElectronics

Description

Silicon Motion Technology Corporation announces the closing of $1,150,000,000 aggregate principal amount of its 0.00% Convertible Senior Notes due 2031. The offering was upsized from an initial target of $800 million, reflecting strong institutional demand. This financing will enhance the company's balance sheet, supporting growth in key areas. The Notes will mature on August 15, 2031, and are positioned to minimize shareholder dilution.

Company Information

Company

Silicon Motion Technology Corporation

Location

Milpitas, California, United States

About

Silicon Motion Technology Corporation is a global leader in designing and marketing NAND flash controllers for solid state storage devices. The company supplies SSD controllers for servers, PCs, and other client devices, as well as eMMC and UFS embedded storage controllers for smartphones, IoT devices, and other applications. They also provide customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Their customers include most of the NAND flash vendors, storage device module makers, and leading OEMs.

Don't miss Silicon Motion Technology Corporation's next move

Get an email the moment Silicon Motion Technology Corporation raises, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Silicon Motion Technology Corporation's next move

Learn about Strategic plan

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.