MediaTek is trading at TWD 3,315.00, down 9.9% following a sharp reversal from its July rally, driven by profit-taking and renewed U.S. tariff threats targeting the semiconductor space.
- The decline follows a 6.1% drop on July 28 as trade tensions pressure AI-exposed chipmakers and trigger sector-wide risk aversion.
- Sentiment is further weighed down by a broader global semiconductor sell-off and growing concerns regarding the sustainability of AI spending.
- Increased competition from Chinese chipmakers is adding to the downward pressure on the stock.