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Nvidia Invests $3.5B in MediaTek for Expanded AI Chip Partnership
Nvidia has made a major investment in Taiwan-based semiconductor company MediaTek as part of an expanded partnership.
The $3.5 billion investment is in the form of convertible bonds, which can be converted into shares at a later date.
The partnership between Nvidia and MediaTek focuses on developing artificial intelligence (AI) accelerators, with Nvidia's NVLink Fusion networking technology being offered as an interconnect option.
This move aims to accelerate AI adoption in various industries, including the personal computing market and the auto sector.