MediaTek is trading 3.48% up at TWD 4,310 on October 16, 2026; a report says ByteDance is nearing an agreement to buy custom AI chips for its data centers, potentially making it a major ASIC customer. The report does not explicitly link the news to the share-price move. - Taiwan’s TAIEX fell 3.41% amid foreign selling and pressure on technology shares. - Inflation and concerns about AI spending weighed on semiconductor stocks, while MediaTek rose despite the sector pressure.