MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner (Sangmi Cha/Bloomberg)
PositiveArtificial Intelligence

- MediaTek Inc. shares surged by 22%, marking its best week since 2002, driven by excitement surrounding Google's latest AI model, Gemini 3, and the announcement of MediaTek as a partner for Google's TPU chips. This uptick reflects investor optimism about the future of AI technology and its implications for chip manufacturers.
- The significant rise in MediaTek's stock indicates strong market confidence in the company's strategic alignment with Google, particularly as AI advancements are reshaping the tech landscape. This partnership is expected to enhance MediaTek's growth prospects in the competitive semiconductor industry.
- The launch of Gemini 3 has not only boosted MediaTek's stock but also positioned Google as a leader in AI performance, outperforming competitors in various benchmarks. This development highlights a broader trend in the tech industry, where collaborations between AI developers and hardware manufacturers are becoming increasingly vital for innovation and market leadership.
— via World Pulse Now AI Editorial System







