MediaTek Inc.

Company 2454.TW

Last mentioned: 17h ago

Key Data

ticker
2454.TW
name
MediaTek Inc.
price
2450
change
1600
changePct
187

Stories mentioning MediaTek Inc. 2

partnership Very Bullish

Google Deal Propels MediaTek into Custom AI ASIC Race with 187% Stock Jump

MediaTek’s partnership with Google to design custom AI ASICs marks its transition from mobile chips to the data center AI market. The stock has surged 187%, adding $140 billion in value, as the market bets on the company becoming a serious competitor to Broadcom and Marvell in the hyperscaler custom silicon space.

2 sources
markets Very Bullish

MediaTek Stock Surges 187%, Adding $140B on AI Chip Deal

MediaTek shares are on track for their best quarter ever after a 187% surge driven by an AI ASIC deal with Google. The rally adds $140 billion in market cap, signaling a major re-rating as the company pivots from mobile to high-margin AI chips. Investors are betting heavily on execution.

2 sources