MediaTek is trading 8.91% up now at $5,010 after investor excitement over a major financing deal. * The company announced a $3.9 billion convertible bond offer, with $3.5 billion reportedly subscribed by Nvidia and other investors. * This financing supports strategic expansion, including new connectivity projects and the development of its 2nm flagship smartphone chip, the Dimensity 9600 Pro.
🟢 MediaTek Surges 8.91% on $3.9 Billion Bond Offer Backed by Nvidia and Alphabet