Qualcomm rival MediaTek jumps 10% after $3.5 billion Nvidia AI chip deal

Tech CNBC By CNBC 01 Sep 2026 08:00 1 min read
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.

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