TECH NEWS

MediaTek Bets $5 Billion On AI Data Center Chips To Take On Rivals

Smartphone sales are hitting a wall, so MediaTek is betting big on a completely different (albeit red-hot) market segment. The Taiwanese chipmaker just approved a flexible $5 billion discretionary financing framework aimed at expanding its footprint in AI data center hardware.

It is a timely pivot for sure. Hyperscalers are spending heavily on custom AI silicon, and MediaTek wants a bigger piece of the ASIC pie. During an earnings call to discuss MediaTek's second-quarter results, Chief Executive Rick Tsai bumped the company's 2027 market share target for data center AI accelerators to 15-20%, up from a previous estimate of 10-15%.

"To secure supply chain capacity and fuel our strategic expansion from AI ASIC chips to full-scale systemsand platforms, the Board has approved a discretionary US $5 billion financing budget today. This flexibleframework provides us with the optionality, when needed, to agilely support our long-term growth andcapitalize on massive data center...

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T-Mobile will cover your first month of 5G home internet and give you up to $200 back - here's how

An advertiser paid for editorial consideration of this deal. Our editorial experts vetted the deal using their independent expertise. Because we determined that the deal will save money for the consumer, we wrote the content. Home internet is one of those monthly costs you can't avoid, but what

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CISA gives feds 3 days to fix actively exploited Ray RCE bug

Phishing, malvertising attacks could target devs to gain access to private corporate networks CISA says attackers are exploiting a critical 2025 vulnerability in Ray, the widely used open source framework for scaling Python and machine-learning workloads. Tracked as CVE-2025-62593 and rated 9.4 under CVSS v4, the bug was first

Meta goes to trial over Facebook and Instagram's impact on young users

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. Why it matters: Meta goes to trial today over claims that it designed Facebook and Instagram in ways that kept young users engaged for longer and contributed to their harm. The outcome could determine

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Francisco Partners plans to take patient engagement software company Weave Communications private for ~$650M; Weave went public at a ~$1.5B valuation in 2021

Sponsor Posts Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens. Most carriers track everything. Cape doesn't. — Unlimited talk, text &

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T-Mobile will cover your first month of 5G home internet and give you up to $200 back - here's how

CISA gives feds 3 days to fix actively exploited Ray RCE bug

Meta goes to trial over Facebook and Instagram's impact on young users

Francisco Partners plans to take patient engagement software company Weave Communications private for ~$650M; Weave went public at a ~$1.5B valuation in 2021