MediaTek lines up $5B war chest for AI datacenter push
AI AND ML
Taiwanese silicon biz believes it can take up to 20% of $80B market with upcoming ASIC chips
Taiwanese chipmaker MediaTek is lining up $5 billion in financing to expand into AI datacenter silicon, targeting a slice of a market it expects to be worth up to $80 billion next year.
The fabless chip producer is perhaps best known for its Arm-based smartphone and Chromebook chipsets, plus wireless silicon for Wi-Fi products. But the firm is the latest to see a "compelling growth opportunity" in the market for compute to power AI and so-called agentic AI in particular.
MediaTek is targeting application-specific integrated circuits (ASICs) rather than GPUs and reckons it can capture 15 to 20 percent of the market.
The company's board has also approved $5 billion in financing to secure supply chain capacity and fuel an expansion from AI ASIC chips to full-scale systems and platforms,...
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