MediaTek Stock Jumps 10% On Nvidia Investment News

NewsTue, 01 Sep 2026 06:32:08 UTC2 hours ago
MediaTek Stock Jumps 10% On Nvidia Investment News

The post MediaTek Stock Jumps 10% On Nvidia Investment News appeared first on Coinpedia Fintech News

MediaTek shares hit their daily trading limit in Taipei on Tuesday, jumping 10% after Nvidia agreed to buy $3.5 billion worth of convertible bonds in the Taiwanese chipmaker, Nvidia’s largest direct investment outside the US. Experts called the deal a strategic endorsement, marking MediaTek’s shift from smartphone chips toward broader AI semiconductor work. The company …

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