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MEDIATEK APPROVES $5B BUDGET FOR AI CHIP EXPANSION

MediaTek's board has approved a $5 billion discretionary financing budget to fund long-term growth and expansion into artificial intelligence chips for data centers.

1 SOURCEFIRST SEEN JUL 31, 02:55 PM► READ THE ARTICLE

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MediaTek says its board has approved a discretionary $5B financing budget to support long-term growth, including its expansion into AI chips for data centers (Wen-Yee Lee/Reuters)

Wen-Yee Lee / Reuters: MediaTek says its board has approved a discretionary $5B financing budget to support long-term gr…

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