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Technology · 2 hours ago

Nvidia puts $3.5 billion into Taiwanese chip firm MediaTek

Nvidia puts $3.5 billion into Taiwanese chip firm MediaTek

The massive bond purchase lets customers of the Taiwanese company design specialised artificial intelligence chips that link to Nvidia data centres. Announced on Monday, the deal ensures both firms will keep building technology together for personal computers and intelligent cars. It follows their joint release of the RTX Spark product in June, though bankrolling partners could increase financial worries across the sector.

Reported by Reuters · How we write briefs

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