MediaTek says it is on track to generate $1B in revenue from its data center AI accelerator ASIC chips in 2026, after reporting Q3 revenue up 7.8% YoY to $4.64B (Reuters)
PositiveArtificial Intelligence

MediaTek is making significant strides in the tech industry, projecting $1 billion in revenue from its data center AI accelerator ASIC chips by 2026. This follows a strong Q3 performance, with a 7.8% year-over-year revenue increase to $4.64 billion. This growth highlights MediaTek's commitment to innovation in AI technology and positions it as a key player in the competitive semiconductor market, which is crucial for powering advanced data processing and AI applications.
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