Qualcomm rival MediaTek jumps 10% after $3.5 billion Nvidia AI chip deal
CNBC Technologyen

The two companies will work on integrating Nvidia technology with MediaTek's custom AI chip business as well as other areas such as PCs and cars.
This is a short summary published by AI Global Wire. The full article is owned and hosted by CNBC Technology — open it there to read it in full.
Read the full story at CNBC TechnologyRelated AI news
- Nvidia financing rethink may deflate business models of AI darlingsAI Chips & Semis (Google News) · August 31, 2026
- Why Nvidia’s Hugging Face Acquisition Signals AI’s Full Ecosystem PlayAI Funding & IPOs (Google News) · August 31, 2026
- Why Dell’s stock stands to gain from developments at Nvidia and SpaceXMarketWatch Tech · August 31, 2026
- NVIDIA invests $3.5 billion in MediaTek for AI expansionKorea & Taiwan AI Markets (Google News) · August 31, 2026
- Nvidia just made a $3.5 billion move that could expand its AI empireMarketWatch Tech · August 31, 2026
- NVIDIA and MediaTek AI Deal Expands With $3.5B InvestmentKorea & Taiwan AI Markets (Google News) · August 31, 2026