After NVIDIA agreed to subscribe for 3.5 billion US dollars worth of MediaTek's convertible bonds, MediaTek's stock price hit the daily limit up on Tuesday in the Taipei market. The market viewed this transaction as direct support for MediaTek and also prompted investors to re-evaluate the prospects of its AI semiconductor business.

$3.5 billion in investment drives up stock prices

MediaTek's stock price rose by 10% on that day, hitting the daily limit up for the Taipei market. The report indicates that this is NVIDIA's largest direct investment outside of the United States.

After the transaction announcement, market attention is not only focused on the scale of the funds but also on the industrial signal sent by NVIDIA's choice to partner with MediaTek as an investment target.

Market Focus: AI Chip Transformation

Analysts believe that this investment is seen as a endorsement of MediaTek's strategic direction. MediaTek has traditionally been strong in smartphone chips and is now expanding its business into a broader range of AI semiconductor fields.

Prior to this, MediaTek has already collaborated with Google this year. With the increasing demand for AI chips, the market has also begun to view MediaTek within a broader context of the industrial chain.

SpaceX Rumors Drive Up Market Expectations

Reports mention that some analysts speculate that SpaceX may become one of MediaTek's customers in the future. This expectation has further boosted market sentiment and also led to a significant increase in MediaTek's market value.

However, at present, the public information mainly revolves around NVIDIA's investments and market analysis, while the details regarding potential new customers remain at the speculative level of analysts.