Nvidia Invests $3.5 Billion in MediaTek for Custom AI Chip Collaboration

Nvidia has made its largest direct investment outside the US, injecting $3.5 billion into MediaTek convertible bonds. This strategic move aims to strengthen their alliance, positioning MediaTek as a key partner for customers developing custom AI processors using Nvidia's platform. The investment reflects a trend where major AI and cloud providers are increasingly building their own chips to reduce reliance on Nvidia's GPUs.