MediaTek
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ByteDance Ltd. is close to an agreement to buy data center semiconductors from MediaTek, securing vital components for TikTok's owner while helping the Taiwanese chipmaker compete with Qualcomm.
Bloomberg reports Nvidia-backed MediaTek’s monthly sales rose 44% year‑over‑year, driven by its emerging AI chip business and demand from Alphabet/Google. The figure indicates AI chips are materially boosting incumbent chipmakers’ revenue.
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