MediaTek is trading 5.6% up at TWD 4,080.00 as investors react to its recently announced $5 billion discretionary financing plan aimed at accelerating expansion into data-center AI chips.
- The board-approved budget is designed to pivot the company toward high-performance AI hardware to capture growing market demand.
- The move extends a multi-day rally, bolstered by a broader surge in global semiconductor stocks linked to strong sector earnings and AI demand.