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Nvidia Invests $3.5B in MediaTek to Dominate Custom AI Silicon

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The Story

News Summary

  • Nvidia entered a strategic partnership with MediaTek backed by a $3.5 billion convertible bond investment.
  • The collaboration leverages Nvidia's NVLink Fusion platform for custom AI chips across cloud, PC, and automotive markets, directly challenging custom ASIC rivals while reinforcing Nvidia's dominance across AI infrastructure.
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NVDA price history

210.96 +18.92% over the displayed period

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