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Nvidia (NVDA) CEO Huang confirms USD 3.5bln investment in MediaTek (2454 TT)
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Nvidia confirmed a USD 3.5 billion investment in MediaTek to build AI factories and power new Windows PCs, while its Vera Rubin platform generates USD 40bln+ per GW.
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MediaTek processor will be foundation of new Windows PC. MediaTek is one of the largest partnerships they have. Investment formalises partnership to build AI factories. Vera Rubin platform gives Nvidia USD 40bln+ of revenue per GW.
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