MediaTek's Impressive Performance: May Revenue Reaches NT$42.1 Billion, Up 33% Year-on-Year

Reported 11 months ago

MediaTek, a leading IC design company, reported a consolidated revenue of NT$42.151 billion in May with a 33.53% increase compared to last year, accumulating NT$217.637 billion in the first five months of this year. During COMPUTEX, they showcased advancements in AI technologies, including new chipsets for Chromebooks and smart TVs, as well as cutting-edge wireless connectivity solutions. Investors praised the company's profitability compared to TSMC, with some sharing strategies on stock trading. MediaTek's stock price closed at NT$1,275 with a slight decrease. MediaTek's AI innovations and financial performance have attracted positive attention in the market.

Source: YAHOO

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