Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year (Bloomberg)
Nvidia is putting fresh capital into a Taiwanese partner already projecting a meaningful AI-chip business.
Bloomberg says the $3.5 billion MediaTek investment would be made through convertible bonds. The move deepens the companies’ collaboration as Nvidia works to expand its chip partnerships. MediaTek expects about $2 billion in AI chip revenue this year. Techmeme's note
Bloomberg says the $3.5 billion MediaTek investment would be made through convertible bonds. The move deepens the companies’ collaboration as Nvidia works to expand its chip partnerships. MediaTek expects about $2 billion in AI chip revenue this year. Techmeme's note
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