💰 Top Taiwan chip designer MediaTek 'rapidly' shifts focus to autos, AI

TL;DR

TAIPEI, April 28 (Reuters) - Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. MediaTek is investing heavily in AI because the new areas the company is focusing on are all related to computing, Tsai said. See here for a complete list of exchanges and delays

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