MediaTek Targets $1 Billion Cloud AI Chip Revenue by 2026, Eyes 15% Market Share
Summary
MediaTek sets ambitious goal to capture 10-15% of the $50 billion data center ASIC chip market, targeting $1 billion in cloud AI chip revenue by 2026 through partnerships with Nvidia on the GB10 Grace Blackwell Superchip.
Key Points
- MediaTek targets $1 billion in cloud AI chip revenue by 2026 and multiple billions by 2027 from its AI accelerator ASIC projects
- The company aims to capture 10-15% market share of the $50 billion data center ASIC chip market within the next two years
- MediaTek partners with Nvidia on the GB10 Grace Blackwell Superchip while reporting Q3 revenue of $4.64 billion, up 7.8% year-over-year