MediaTek Confirms Continued AI Megatrend and Strong Data Center Demand
MediaTek's CEO, Rick Tsai, confirmed the ongoing AI megatrend and highlighted strong demand for data center chips. The company expects AI accelerator ASIC revenue to reach multiple billions of dollars by 2027, with the data center ASIC market projected to grow to $70–80 billion. This aligns with broader industry trends, including increased profits at TSMC and Samsung due to AI-driven demand.
Topics: AI accelerator ASIC chips AI megatrend data centre demand market capitalization MediaTek revenue TSMC