MediaTek’s Rally Signals Shift From Laggard to AI Contender

MediaTek Inc. shares are poised for their best quarter on record, as investors bet a shift into artificial intelligence chips can help it shed the overhang of its struggling older-tech...

By Jeanny Yu, Winnie Hsu · Bloomberg Markets

MediaTek Inc. shares are poised for their best quarter on record, as investors bet a shift into artificial intelligence chips can help it shed the overhang of its struggling older-tech business.