NVIDIA Invests $3.5 Billion in MediaTek Convertible Bonds to Deepen AI Chip Partnership

NVIDIA is investing $3.5 billion in convertible bonds issued by MediaTek, marking a significant deepening of the two companies' AI chip collaboration. The deal gives NVIDIA a financial stake in MediaTek while cementing its technology as central to MediaTek's semiconductor roadmap at a time when major customers are increasingly developing their own chips.

Under the expanded partnership, MediaTek will integrate NVIDIA's NVLink Fusion platform and its newly announced NVHBM technology into its custom silicon architecture. Together, those technologies give hyperscalers, cloud providers, and frontier AI model developers a prevalidated path to build custom XPUs that connect directly into NVIDIA NVLink-connected, rack-scale AI factory deployments. The collaboration covers AI cloud infrastructure, edge computing, and automotive solutions.

The two companies will also continue co-developing multiple generations of RTX Spark and DGX Spark chips for consumer PCs, AI developer systems, and enterprise workstations, building on prior joint work on the NVIDIA GB10 Grace Blackwell Superchip. Development of AI-powered software-defined vehicle platforms is also part of the expanded scope.

The deal comes as MediaTek targets up to 15 percent of an $80 billion data-center market next year and expects roughly $2 billion in AI chip revenue this year. For NVIDIA, the investment mirrors a similar $2 billion convertible-bond deal it struck with Marvell Technology in March 2026 and reflects a broader strategy of using NVLink Fusion to keep its interconnect architecture at the center of AI infrastructure even as customers design their own accelerators.