MediaTek Plans $5B Financing to Expand AI Datacenter Silicon
MediaTek plans to line up $5 billion in financing to expand into AI datacenter silicon, targeting a fast-growing market for AI compute and agentic AI workloads. The fabless chipmaker expects AI datacenter ASIC revenue to exceed $2 billion in 2026, with performance optimized for TCO and performance per watt, and a second ASIC on track for high-volume production in 2028 through advanced packaging collaboration.