MediaTek Inc

MediaTek announced that its flagship Dimensity 9500 platform powers the new Samsung Galaxy Tab S12 Ultra and Samsung Galaxy Tab S12+, bringing flagship performance and on-device intelligence to Samsung's premium tablet lineup. The chip is built on TSMC's 3nm process and features an All Big Core CPU architecture, the MediaTek NPU 990 and Generative AI Engine 2.0, and a flagship 12-core GPU with hardware-accelerated raytracing and Unreal Engine 5.5+ support. Jerry Yu, Corporate Senior Vice President and Head of Smart Life Business Group at MediaTek, said the platform brings the company's latest advances in flagship performance, on-device AI and power efficiency to the Galaxy Tab S12 Series, while Drew Blackard, SVP of Product Management at Samsung, said the partnership pairs flagship performance with on-device Galaxy AI. The Dimensity 9500-powered Galaxy Tab S12 series will be available at all major retailers starting Monday, October 7.

Taiwan Semiconductor Manufacturing is expanding 2-nanometer production faster than previously expected as major customers increase their commitments to the new technology. The company could reach monthly 2nm output of about 120,000 wafers by the end of 2026, compared with earlier estimates of 90,000 to 100,000, according to Taiwan's EDN. Apple, Nvidia, Advanced Micro Devices, Qualcomm and MediaTek are reportedly lifting 2nm orders by 10% to 20%, giving TSMC additional visibility as customers prepare next-generation processors and AI accelerators. In the second quarter, 2nm represented 3% of TSMC's wafer revenue, while technologies at 7nm and below accounted for 77%, and high-performance computing made up 66% of revenue, up from 60% a year earlier. TSMC has projected 2026 2nm capacity growth as it ramps multiple facilities in Taiwan.

MediaTek introduced the Dimensity CX C10 Max, the inaugural SoC in its new Dimensity Compute Experiences (CX) family and the flagship of that lineup, built to power an upcoming premium, ultra-portable Googlebook device. The chip is built on TSMC's advanced 3nm process and uses an All Big Core design with an octa-core CPU, an 11-core GPU, and MediaTek's 8th-generation NPU, with a power-efficient architecture that enables thinner, lighter, fanless designs with all-day battery life. Its MediaTek NPU 890 delivers up to 55 TOPS of performance and is designed to power Gemini Intelligence features with faster responses and added privacy benefits. The integrated MediaTek Imagiq 1090 ISP supports camera sensors of up to 32MP and enables high-quality HDR video capture, smooth video zoom, cinematic video, and sustained focus, while the platform supports Wi-Fi 7 connectivity at speeds of up to 7.3Gbps and dual-engine Bluetooth 6.0. Vince Hu, Senior Vice President and General Manager of Data Center and Computing Business at MediaTek, said the chip is designed for the next wave of intelligent computing and that bringing these capabilities to Googlebook builds on the company's leadership in Android computing and its long history of collaboration with Google.

Taiwan Semiconductor Manufacturing has moved its 2nm process into commercial production and raised its capital expenditure targets to support the rollout. The chipmaker said the higher spending is preparation for an intensifying global semiconductor arms race among leading foundries and chip designers. The accelerated 2nm commercialization keeps TSMC aligned with chip designers that need leading-edge capacity for AI and high-performance computing, and the bigger budget gives it more room to secure large multi-year supply commitments from major customers. One early indicator to watch is how quickly 2nm and related advanced nodes contribute a rising share of wafer revenue as new lines ramp up, including whether customer wins such as the MediaTek 2nm decision broaden into multiple large-volume programs that keep those advanced fabs near targeted utilization levels from 2026 onward.

MediaTek launched its Dimensity 9600 Pro on September 15 using Taiwan Semiconductor Manufacturing Company's 2-nanometer technology, putting TSMC's newest node into a flagship mobile chip. MediaTek also holds $3.5 billion of financing from NVIDIA Corporation and a broader Nvidia partnership spanning custom AI chips, PCs and automotive. MediaTek says the chip's neural processor delivers 51% higher LLM prefill performance than the previous generation, and the first smartphones using the new chips are expected soon. Two-nanometer contributed 3% of TSMC's wafer revenue in Q2, and management expects a steep ramp in the second half, though TSMC said the ramp could dilute second-half gross margin by 3 to 4 percentage points. Nvidia invested $3.5 billion in MediaTek convertible bonds on August 31 and expanded a partnership that will connect MediaTek custom XPUs to Nvidia's NVLink Fusion rack-scale systems, while Alphabet also participated in MediaTek's $3.9 billion bond sale.

Qualcomm shares rose about 3.1% to $185.82 Tuesday morning even as MediaTek unveiled a new flagship chip aimed at its premium Snapdragon franchise. Reuters reported that MediaTek's Dimensity 9600 Pro uses 2-nanometer manufacturing and claims a 51% improvement in initial generative-AI prompt processing. Qualcomm's fiscal third-quarter revenue totaled $9.9 billion, with handset-chip sales contributing $5.1 billion, or roughly 51.5% of the total, while automotive revenue surged 61% to a record $1.6 billion and combined automotive and internet-of-things revenue rose 28%. The stock trades at $185.815 against a GF Value of $175.82, about 5.68% above GuruFocus' estimate of fair value. The next test is whether Qualcomm can defend Snapdragon economics while its newer automotive, AI software and data-center businesses keep scaling.

Taiwan-based chip design giant MediaTek announced on the 15th a smartphone chip that uses cutting-edge technology from Taiwan Semiconductor Manufacturing Company, or TSMC. The new product, the Dimensity 9600 Pro, is the company's first mobile processor to adopt TSMC's most advanced 2-nanometer process. It also announced the Dimensity 9600M, manufactured on TSMC's 3-nanometer process and aimed at a broader range of users. The first smartphones carrying both products are expected to go on sale soon. The 9600 Pro features a neural processing unit, an AI-dedicated processor, that allows more complex generative AI applications to run directly on the phone, and its processing performance from when AI begins handling a question to producing an answer is 51 percent faster than the previous generation. The company has until now supplied chips to China's Xiaomi, OPPO, Vivo and others.

Verizon announced the expansion of its 6G Innovation Forum with nine new members and reported successful pre-standard field trials of Integrated Sensing and Communication and an AI Sports Companion prototype. Amazon Web Services, Cisco, Intel, Keysight Technologies, MediaTek, NVIDIA, Palo Alto Networks, Rohde & Schwarz and VIAVI Solutions have officially joined the forum, which was launched last year and already includes founding members Ericsson, Samsung, Nokia, Meta and Qualcomm Technologies. In one trial staged at a major international soccer celebration in Dallas, Texas, Verizon and Samsung used a single 5G base station and 40MHz of CBRS spectrum to track radio variations from six Samsung Galaxy smartphones, with Samsung's AI RAN and edge AI platform Network in a Server generating real-time crowd-density heatmaps on commercial phones and a tablet. In a second trial at Qualcomm's San Diego campus, the companies used 100 to 400MHz of millimeter-wave spectrum and four synchronized Transmission and Reception Points to track an airborne drone and moving ground vehicles while maintaining uninterrupted 5G Standalone communications to a phone user on the ground. Verizon also showcased a prototype AI Sports Companion application running on the Verizon Edge Network with Meta AI glasses, a locally optimized Small Language Model, an NVIDIA DGX Spark and statistics from SportsDataIO, letting users ask verbally for real-time player statistics, live score interpretations and game-winning probabilities. Verizon said forum members will continue sharing learnings from future demonstrations involving ISAC, digital twins, robotics, AI and advanced wearables, and it views the 2028 Summer Olympics in Los Angeles as the ultimate interim proving ground on the road to commercial 6G deployment, supported by its dedicated 6G Lab already established in the host city.

MediaTek Inc. reported a 44% surge in monthly sales, boosted by its emerging AI chip business from customers including Alphabet Inc.'s Google. Revenue in August rose to NT$64.2 billion, or $2 billion, while analysts on average are looking for 10% sales growth in the current quarter. The Taiwanese chipmaker is gaining momentum ahead of plans to start mass production of its first AI chip customized for a major US cloud service provider in the fourth quarter; analysts said the customer, which MediaTek has not named, is Google. The nascent AI business is helping the company offset a downturn in the Android smartphone market, where it competes with US-based Qualcomm Inc. for mobile processor orders. MediaTek has also won backing from Nvidia Corp. and Alphabet, which participated in the Taiwanese chipmaker's recent bond sale, with Nvidia chipping in as much as $3.5 billion. The company previously said it expects AI chip sales to reach about $2 billion this year and targets 15% of the $80 billion segment next year.

Nvidia climbed roughly 2% to $230.69 in Friday premarket trading after locking in an October debut for the first RTX Spark Windows computers, with Lenovo and Acer leading the charge. RTX Spark packs a Blackwell graphics processor alongside a Grace central processor developed through Nvidia's MediaTek partnership, promising one petaflop of AI performance and up to 128 gigabytes of unified memory to run demanding AI agents locally. Investors still need two crucial numbers—price and expected shipments—to determine whether RTX Spark becomes a major PC catalyst or an expensive specialist machine. The bigger prize remains the data center, which produced $89 billion, or roughly 92.5% of Nvidia's latest quarterly revenue, but RTX Spark opens another front without weakening that core money machine. Nvidia carries an elite 95 out of 100 GF Score, with profitability and growth near the top of the scale, while GF Value is the obvious weak spot, indicating the business is firing on nearly every cylinder but the stock's valuation leaves little room for a stumble.

Recent advancements in AI-driven hardware are increasing processor power densities beyond traditional cooling capabilities, spurring demand for innovative thermal management technologies like 3D vapor chambers in data centers and consumer electronics. Asia-Pacific regions, including South Korea and Japan, lead in developing these cooling architectures, while consumer electronics firms begin integrating vapor chambers into devices. Key players are positioned to capitalize on this shift, according to a BCC Research report. In related trading, ASPEED Technology rose 3.3% to NT$17,680.00, near its 52-week high, while Credo Technology Group Holding fell 8.6% to $206.63 after announcing higher first-quarter earnings and revenue guidance. Broadcom introduced VMware Private AI Cloud, NVIDIA expanded its collaboration with MediaTek, and Micron Technology ended at $933.44, down 2.6%.

Nvidia's $3.5 billion investment in MediaTek is giving the Taiwanese chipmaker another route into the fast-growing custom AI processor market, while extending Nvidia's reach beyond its own chips. MediaTek shares jumped 10% higher Tuesday after the companies detailed the partnership, which includes Nvidia purchasing convertible bonds issued by MediaTek. The agreement will bring Nvidia's NVLink Fusion technology to MediaTek's custom AI chip customers, connecting third-party processors with Nvidia's broader AI computing systems. MediaTek, which has been expanding into data-center silicon, said in June that its custom AI chip business could generate $2 billion in revenue this year, with a potential market of as much as $80 billion by 2027. The companies will also collaborate on AI computing for PCs and vehicles, as demand for customized AI infrastructure grows.

Nvidia has announced two major deals in the last 24 hours, revealing a two-pronged strategy to expand its AI ecosystem. The first is a $35 billion agreement where Anthropic will rent data server space from Lambda, with Nvidia chips powering the compute, helping bring more AI capacity online and keeping Nvidia's GPUs in the AI factory. The second is a $3.5 billion investment in MediaTek to back custom chips, such as AWS's Trainium or Google's TPUs, allowing these competitor chips to operate within the Nvidia ecosystem while Nvidia supplies networking and other critical hardware. This strategy aims to increase Nvidia's revenue per gigawatt of data center power, with projections rising from $18 billion for Hopper GPUs to $25 billion for Grace Blackwell and $40 billion for Vera Rubin, which adds networking architecture. These figures were disclosed in Nvidia's recent earnings call.

Nvidia is investing $3.5 billion in Taiwanese AI chip designer MediaTek, marking its biggest investment abroad. The deal is significant because MediaTek will adopt Nvidia's NVLink Fusion platform, ensuring that accelerators MediaTek makes for hyperscalers slot into Nvidia's technology, keeping Nvidia in the revenue loop. Nvidia CEO Jensen Huang, who was born in Taiwan, is deepening his company's ties to the region. This investment is part of Nvidia's broader strategy of investing in AI-related companies.

Nvidia is set to purchase convertible bonds from Taiwan-based chipmaker MediaTek, worth $3.5 billion out of a total bond issuance of $3.9 billion. This marks Nvidia's largest direct investment outside the United States to date. The investment is part of efforts to expand the data center ecosystem, with MediaTek integrating NVLink Fusion and NVHBM technologies with Nvidia's to improve interoperability of data center components. MediaTek aims to compete with Broadcom and Marvell Technology by helping data center providers design and manufacture their own components. A MediaTek spokesperson revealed that Alphabet and other investors also participated in the fundraising, though the amounts were not disclosed. The deal follows Amazon.com's similar agreement to install an additional 2 million Nvidia devices and use Nvidia's interconnect technology alongside its own chips.

Tokyo and Asian stock markets declined this morning, following the drop in U.S. stocks overnight, after military conflict between the U.S. and Iran flared up again, pushing oil prices higher and raising inflation concerns, with expectations that the Fed will tighten monetary policy further. In the first 15 minutes of trading, the Nikkei index fell 664.68 points, or 1.00%, from Monday's close, to 65,647.25 points. Meanwhile, the Topix index rose 2.84 points, or 0.07%, to 4,159.13 points. At 9:47 a.m. Thailand time, the Nikkei 225 stood at 66,050.33 points, down 261.6 points, or 0.39%. The yield on 10-year Japanese government bonds rose to 2.985%, near its highest level in three decades, while the 10-year U.S. Treasury yield increased to 4.78%, the highest since January 2025. The MSCI Asia-Pacific stock index edged up 0.3%, supported by Taiwanese stocks. Shares of MediaTek Inc. surged 9.9% on the Taipei stock exchange after Nvidia Corp. announced a $3.5 billion investment plan in the chipmaker. In Hong Kong, shares of Shein Global Holdings Ltd. were steady in early trading after raising HK$13.6 billion (or $1.7 billion) through its initial public offering (IPO). Brent crude oil prices rose above $91 per barrel following a new round of fighting in the Middle East, with the U.S. and Iran launching retaliatory strikes for the first time in about a month. U.S. forces attacked an island in the Strait of Hormuz, and Iran responded by striking the United Arab Emirates and Jordan. The escalating tensions in the Middle East have undermined prospects for restoring shipping through the Strait of Hormuz, pushing oil prices higher and increasing inflation concerns. Money markets have increased expectations of a rate hike in September after Federal Reserve Chair Kevin Warsh delivered a hawkish message on inflation at Jackson Hole last week, making this week's jobs report more closely watched.

Shein is set to begin trading on the Hong Kong Stock Exchange after raising HK$13.6 billion from its initial public offering (IPO) of approximately 280 million shares at HK$48.56 per share, giving the company a market value of just over US$26 billion. Meanwhile, Nvidia is set to buy US$3.5 billion in convertible bonds from MediaTek to strengthen its ties with the major Taiwanese chipmaker, marking Nvidia's largest direct investment outside the United States to date. In the U.S., the Federal Trade Commission (FTC) has sued Amazon, accusing it of secretly and systematically overcharging advertisers on its platform. The case, joined by attorneys general from 22 states, could involve more than US$20 billion in revenue from advertisers. Separately, foreign media report that the death toll from a glacier collapse on the China-Nepal border has reached at least 955, with 4,471 people still missing. Search and rescue operations have entered their sixth day, and the disaster has damaged at least 12 hydropower projects in Nepal.

Agentrys, a startup automating chip design, has raised $24.5 million in funding, comprising an oversubscribed $19.1 million seed round led by Etna Labs and a $5.4 million pre-seed led by MediaTek. Founded by Mark Ren, who pioneered AI for chip design at NVIDIA and led ChipNeMo, the company aims to enable engineering teams to build and own a self-improving agentic workforce for chip design. The funding will support recruiting, agent-native tooling, and expanding customer engagements across verification and physical design. Agentrys has demonstrated its platform by running an autonomous multi-agent workflow that took a 32-bit CPU from specification to sign-off-clean GDS layout with no human in the loop, and it has partnered with several top fabless semiconductor companies, a leading global foundry, and chip startups.

GF Securities has identified Marvell Technology, Mediatek, and Intel as preferred semiconductor names amid a favorable outlook for custom AI chips and advanced packaging. Analyst Henry Huang expects Nvidia's share of TSMC's CoWoS capacity to remain stable in 2027, with GPU demand expanding alongside custom accelerators, and sees Nvidia's Vera Rubin platform gaining adoption at major cloud providers including Amazon and Alphabet. The firm expects Marvell's CXL and DPU businesses tied to Google to each contribute about $3 billion by 2028, with its MPU business generating a similar amount that year, and Marvell is also expected to participate in Amazon's Trainium 3 program with estimated contributions of about $1 billion in 2026 and $2 billion in 2027. For Intel, GF Securities raised its back-end revenue forecasts to $1.1 billion for fiscal 2027 and $7 billion for fiscal 2028, citing improving visibility across AI packaging programs.

MediaTek raised its target to capture 15% to 20% of an estimated $80 billion custom AI-chip market in 2027. Its first AI accelerator for a major U.S. cloud provider will enter production in the fourth quarter, and the company expects more than $2 billion in 2026 data-center revenue. The expansion could give Alphabet another design partner while challenging Broadcom, though Broadcom has a long-term agreement to develop and supply future Google custom AI chips and rack components through 2031. MediaTek's second accelerator is scheduled for volume production in 2028, and the company approved a discretionary $5 billion financing budget while second-quarter mobile-chip revenue fell 20% and net income declined 12.3%. Broadcom also agreed to provide Anthropic access to about 3.5 gigawatts of computing capacity using Google processors beginning in 2027, leaving it embedded in Google's roadmap.

Silicon Motion and MediaTek will jointly present advanced storage solutions for next-generation AI-ready automotive platforms during a keynote at FMS 2026. The presentation, scheduled for August 4, 2026, at the Santa Clara Convention Center, will feature MediaTek's latest automotive cockpit platform powered by Silicon Motion's automotive storage technologies. Speakers include Stanley Huang, Associate VP of Edge SSD Business at Silicon Motion, Waheed Ahmed, Director of Automotive System Architecture at MediaTek, and Shamil Sharief, Senior Director of Enterprise Product Marketing at Silicon Motion. The companies will highlight how high-performance, reliable storage supports the data-intensive demands of intelligent vehicles, which are becoming one of the most demanding Edge AI applications. Silicon Motion will also discuss its continued innovation in automotive storage and next-generation Enterprise SSD technologies, including PerformaShape™, to support Agentic AI from the edge to the data center.

Purdue University and the Purdue Research Foundation are deepening ties with Taiwan's semiconductor leaders to position Indiana as a major US hub for chip innovation and talent. A delegation met with Taiwan's Ministry of Education, Ministry of Economic Affairs, and GeChi Compound Semiconductor to discuss AI, next-generation chip technology, and workforce development. Deputy Minister of Economic Affairs Ho Chin-tsan noted that the Purdue Research Park offers a potential gateway for Taiwanese firms entering the US market. PRF has appointed Ting-Yu Hsieh as partnership development specialist to serve as the primary liaison in Taiwan, building on over 70 years of collaboration and millions of dollars in sponsored research since 2020. Purdue leaders emphasized that the university's comprehensive semiconductor ecosystem—spanning research, education, and industry partnerships with companies like imec, MediaTek, SK hynix, and TSMC—makes Indiana a compelling alternative to traditional coastal hubs.

AT&T is collaborating with T-Mobile, Verizon, and Aduna on a network-level tool to counter AI-driven digital identity fraud, while also participating in industry-first field trials of Ericsson's Low-Latency Mobility technology on its 5G network. The fraud prevention initiative aims to secure digital identity at the carrier level, potentially benefiting banks, fintechs, and large consumer apps by reducing account takeover risk. The low-latency trials, conducted with Ericsson and MediaTek, target real-time applications such as extended reality, industrial control, and venue security. AT&T's stock recently traded at $21.81, with a year-to-date decline of 11.2% and a one-year drop of 16.6%, though it gained 1.2% over the past week. Investors will watch for commercial adoption of these services as potential new revenue streams beyond traditional wireless and fiber.

Ericsson has completed a low latency mobility trial with AT&T and MediaTek, while continuing its share buyback program through March 2027. The stock recently traded at SEK105.55, with a 30-day decline of 12.77% but a year-to-date gain of 19.54% and a three-year total shareholder return of 103.97%. Analysts see fair value around SEK98.62, suggesting the stock is overvalued, though its price-to-earnings ratio of 13.9 times is well below the European Communications industry average of 29.8 times and the peer group average of 47.2 times. The company's positioning in 5G and edge computing is expected to benefit from rising AI-driven data traffic, but risks include geopolitical disruptions and potential underperformance in software and services.

AT&T shares traded higher by approximately 2% on Tuesday following the completion of North America's first in-field trial of enhanced mobility features tied to Ericsson's 5G Advanced Critical IoT subscription. The trial, conducted with Ericsson and MediaTek, demonstrated that Ericsson's Low-Latency Mobility feature set reduced data interruption during cell changes by up to 25% versus legacy Layer 3 mobility, aiming for faster, more reliable handovers and steadier data rates for devices in motion. The stock's advance defied a price-target cut from Morgan Stanley, where analyst Simon Flannery lowered his outlook to $25 from $30 while maintaining an Overweight rating. AT&T shares were up 1.99% at $20.99 at the time of publication, though the stock remains 5.3% below its 20-day simple moving average and 12% below its 50-day simple moving average. The next major catalyst is the July 22, 2026 earnings report, with analysts expecting earnings of 59 cents per share on revenue of $31.83 billion.

Wedbush warned that Broadcom could face a threat from a potential shift in Google's custom chip design work. Analyst Matt Bryson said a media report suggesting MediaTek may take over Google's tensor processing unit design for the next v9 chip, called Triggerfish, in 2028 could weigh on the view that Broadcom holds a stronger position than peers in the custom ASIC market. The Commercial Times reported that Google had initially planned to work with Broadcom and use its 448G SERDES technology, but delays may have pushed the shift. Broadcom shares fell more than 3% on Tuesday before trimming losses in premarket trading. Broadcom, Google, and MediaTek did not immediately respond to requests for comment.

Microsoft announced a sweeping slate of AI initiatives at its Build developer conference in San Francisco, aiming to remake computing around artificial intelligence. The company showcased Nvidia-powered PCs, a new in-house reasoning model, autonomous workplace assistants, and a prototype family called Project Solara that includes devices the size of a smart speaker or keycard badge based on chips from Qualcomm and MediaTek. CEO Satya Nadella also introduced the Surface RTX Spark Dev Box, a computer loaded with an Nvidia chip that he called a dream machine and said he was on the wait list to buy. Separately, Truist raised its price target on Microsoft stock to $675 while reiterating a Buy rating.

NVIDIA announced a series of deals in South Korea with tech giants including SK Hynix and Naver, aiming to secure memory chips for its AI ambitions, Reuters reported on June 8. The value of the deals, which also involved SK Telecom and Doosan Group, was not disclosed. Separately, on June 1, NVIDIA unveiled the RTX Spark PC chip, developed with MediaTek, that brings AI capabilities to desktops and laptops, with models from Dell, HP, Lenovo, ASUS, Microsoft Surface, and MSI expected this fall.

HyperLight Corporation has closed an $80 million Series C financing round led by MediaTek. The round includes participation from UMC Capital, Jabil, Foxconn, EDBI, CDIB-TEN Capital, and Qatar Investment Authority, along with strategic investors from leading silicon IC and networking companies, while existing investors Summit Partners, The Engine, Foothill Ventures, and Xora Innovation continue to support the company. The funding will be used to expand manufacturing capacity, accelerate customer qualification, scale its TFLN Chiplet Platform, and deepen partnerships across foundry, semiconductor, networking, and systems integration domains. HyperLight's TFLN Chiplet Platform supports 200G-per-lane operation and is sampling 400G-per-lane solutions, aiming to reduce power consumption as AI networks scale to higher lane speeds.

Synopsys announced the launch of its new Multiphysics Fusion platform, combining its AI-powered chip design tools with Ansys analysis technology to help customers develop advanced AI chips faster. The platform delivers up to 3x faster timing signoff and up to 10x faster design closure, and has been validated by NVIDIA, Samsung Electronics, MediaTek, and Cisco Systems. Early users are already seeing benefits, with MediaTek reporting runtimes 10 times faster than before, while NVIDIA said pilot designs achieved up to 5x faster design closure and as much as 86% IR fix rates. The first Multiphysics Fusion solutions cover timing signoff, design closure, multi-die designs, and analog and photonic workflows. Synopsys stock is trading slightly lower at about $458.61, down roughly 2.16% year-to-date, and the new platform could provide a positive catalyst if customer adoption and AI semiconductor spending remain strong.

Intel shares rose 3.5% on Wednesday as its foundry business showed signs of progress, bucking a broader market decline. The company began risk production with its 18A-P manufacturing process, which it says can deliver 9% faster chip performance at the same power as its standard 18A process. Reports indicate that Google and MediaTek are designing custom chips using Intel’s Embedded Multi-die Interconnect Bridge technology, while AMD, BYD, Google, and Tesla have approached Samsung about its capacity, highlighting a push to diversify beyond TSMC. Intel’s foundry unit posted a $2.4 billion operating loss on $5.4 billion in sales in the first quarter, but the US government took a 10% stake last year and the Trump administration has been urging companies to work with Intel. Nvidia invested $5 billion and pledged to co-develop AI infrastructure with Intel, and Apple struck a preliminary deal to use Intel chips in some devices.

Broadcom shares have fallen about 10% over the past month, with bulls arguing the dip presents a buying opportunity. The stock sold off after earnings despite strong results, as the company maintained its existing outlook rather than raising it, disappointing investors who had priced in an upgrade. AI revenue grew 143% year over year and AI bookings exceeded $30 billion, but management guided gross margins down to 74% from 77%, citing a shift toward lower-margin hardware. Bears warn that margin pressure could intensify as Google, Broadcom's largest customer, diversifies its custom chip sourcing to MediaTek and Marvell. Billionaire Dan Loeb's Third Point initiated a new 50,000-share position valued at approximately $15.48 million.