Nvidia Invests $3.5 Billion in MediaTek, Expands Partnership

By EC Assets · Published

Nvidia Corp. is investing $3.5 billion into MediaTek Inc. The investment deepens collaboration between Nvidia and the Taiwanese chipmaker. The companies will expand their partnership across various sectors. Nvidia will acquire convertible bonds in MediaTek as part of this investment. The broadened collaboration will cover data centers, personal computers, and automotive applications. The companies will also work together on artificial intelligence infrastructure and other initiatives. The investment aims to persuade more companies to build chips that integrate with Nvidia's technology. Nvidia announced its investment on Monday. This article is intended for informational purposes only. It does not constitute investment advice.

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