MediaTek is trading 9.9% up at TWD 3,555.00 as the stock bounces back from this week’s AI-led sell-off and sector-wide chip weakness.
- The move aligns with a strong recovery in global semiconductor stocks, reversing earlier losses tied to a broad chip rout and disappointing results from SK Hynix.
- There are no fresh company-specific news or earnings catalysts reported today, suggesting the move is driven by broader market sentiment.
- The rebound follows a period of intense pressure on AI-related names and the wider semiconductor landscape earlier in the week.