Qualcomm rival MediaTek jumps 10% after $3.5 billion Nvidia AI chip deal
- Posted on September 1, 2026
- By CNBC
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- 1 min read
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Qualcomm rival MediaTek jumps 10% after $3.5 billion Nvidia AI chip deal
The two companies will work on integrating Nvidia technology with MediaTek's custom AI chip business as well as other areas such as PCs and cars.