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MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence infrastructure, data centers and next-generation computing.
Taipei-listed MediaTek shares climbed 9.9% to NTD 4,315.00 by 01:39 GMT, as investors welcomed Nvidia’s deeper financial commitment to the chipmaker and the potential opportunities created by growing global demand for AI technology.
Under the agreement, Nvidia will purchase $3.5 billion worth of MediaTek convertible bonds. The investment forms the bulk of MediaTek’s record $3.9 billion overseas bond issuance, according to a joint statement from the two companies.
The Nvidia-MediaTek partnership is expected to expand cooperation across data-center AI systems, personal computers and AI-powered vehicles. The deal also broadens Nvidia’s presence beyond its traditional graphics processor business as the U.S. chip giant builds a wider ecosystem around AI computing.
A key part of the collaboration will involve Nvidia’s NVLink Fusion technology. MediaTek customers will be able to use the platform when developing custom AI chips designed to connect more efficiently with Nvidia’s computing infrastructure.
Greater compatibility could help customers shorten chip development timelines and reduce costs while making it easier to integrate customized processors into Nvidia-based AI systems. The collaboration could also strengthen MediaTek’s position in the increasingly competitive market for custom AI and data-center semiconductors.
MediaTek has been stepping up its ambitions beyond its established smartphone chip business. In July, the Taiwanese company secured approval for a $5 billion funding plan as it increases investment in AI data-center chips and other growth areas.
The two chipmakers already cooperate on AI-enabled personal computers and automotive technology. Nvidia’s latest $3.5 billion investment signals a significant expansion of that relationship as both companies seek to capitalize on accelerating demand for AI infrastructure and custom computing solutions.
