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Nvidia (NVDA) Invests $3.5 Billion in MediaTek. Is This the Next Leg of Its AI Growth?

NVIDIA Corporation (NASDAQ:NVDA) is investing $3.5 billion in Taiwan-based MediaTek through convertible bonds, taking an existing AI partnership a step further. The two companies plan to work together on local AI computing and AI-powered vehicle platforms, while also bringing Nvidia’s accelerated-computing technology into more markets. The investment comes soon after Nvidia reported another strong quarter […]

Source: Nvidia (NVDA) Invests $3.5 Billion in MediaTek. Is This the Next Leg of Its AI Growth?