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Business & Finance

MediaTek Shares Soar 10% After Blockbuster Nvidia Investment

Key Points

Shares of MediaTek Inc. soared after the Taiwanese chipmaker scored a $3.5 billion outlay from Nvidia Corp., the American chipmaking giant’s largest ever direct investment outside the US.

Shares of MediaTek Inc. soared after the Taiwanese chipmaker scored a $3.5 billion outlay from Nvidia Corp., the American chipmaking giant’s largest ever direct investment outside the US.
MediaTek (ORG) Blockbuster Nvidia Investment Shares (ORG) MediaTek Inc. (ORG) Taiwanese (ORG) Nvidia Corp. (ORG) American (ORG) US (LOCATION)
Originally published by Bloomberg Technology Read original →