7 hours ago

Nvidia (NVIDIA) stock: Expands AI Strategy With $3.5 Billion MediaTek Investment

TLDR Nvidia invests $3.5B in MediaTek to expand custom AI chips and data centers Nvidia strengthens its AI strategy by backing MediaTek’s custom chip business NVIDIA stock trades near $220 as Nvidia expands its AI infrastructure strategy MediaTek gains Nvidia technology to build custom chips for cloud and AI firms Nvidia expands its ecosystem as [...]

The post Nvidia (NVIDIA) stock: Expands AI Strategy With $3.5 Billion MediaTek Investment appeared first on Blockonomi.

Source: Blockonomi →