Reported 1 day ago
MediaTek's shares are rallying following a partnership announcement with Nvidia for an AI personal computer chip, marking a significant step in investor confidence regarding MediaTek's AI growth potential. This collaboration, along with an improved outlook for smartphone chips, has led to an increase in the company’s stock prices, which are nearing record highs. Analysts express optimism about MediaTek's future, projecting its expanded capabilities in AI technology and potential further tie-ups with Nvidia.
Source: YAHOO