Nvidia Drops $3.5 Billion on Mediatek
Nvidia, a leading technology company, has announced a massive $3.5B investment in Mediatek. This move is seen as Nvidia's attempt to expand its presence within the ASIC ecosystem. The company has already made similar investments in Marvell Technology and MediaTek.
The investment is significant, with Nvidia's stake expected to be substantial. However, no further details on the exact percentage of ownership have been disclosed.