Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech s AI chip buildout
Nvidia invests $3.5 billion into Taiwanese chipmaker MediaTek. The deal shows how Nvidia plans to stay essential to AI infrastructure as Big Tech begins to build its own AI chips.
At a glance
- techcrunch.com: Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech s AI chip buildout
- techmeme.com: Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year (Bloomberg)
The story
techcrunch.com: Nvidia invests $3.5 billion into Taiwanese chipmaker MediaTek. The deal shows how Nvidia plans to stay essential to AI infrastructure as Big Tech begins to build its own AI chips.
techmeme.com: Bloomberg : Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year Nvidia Corp. is investing $3.5 billion into MediaTek Inc., deepening collaboration with the Taiwanese chipmaker at a time when it's working to persuade