Nvidia Dives $3.5 Billion Deeper Into Taiwan Chip Market

Nvidia, the leading provider of graphics processing units (GPUs), has made a significant investment in Taiwanese chipmaker MediaTek. The deal sees Nvidia investing $3.5 billion in MediaTek, as part of a deepening collaboration between the two companies.

The move is seen as an attempt by Nvidia to expand its reach into the data center market. By working with MediaTek, Nvidia aims to persuade more companies to build chips that are compatible with its dominant data center ecosystem.

Nvidia CEO Jensen Huang and MediaTek CEO Rick Tsai discussed the deal in an exclusive interview with Bloomberg's Ed Ludlow. The two CEOs highlighted the potential benefits of the partnership for both companies and their customers.