Taiwan's MediaTek targets billions in AI accelerator chip revenue by 2027

Core Insights - MediaTek anticipates generating billions in revenue from AI accelerator ASIC chips by 2027, with a target of $1 billion from cloud AI chips in 2026 [1][2] - The total addressable market for data center ASIC chips is estimated at $50 billion, with MediaTek aiming for a market share of 10 to 15 percent within the next two years [2] - MediaTek has partnered with Nvidia to co-design the GB10 Grace Blackwell Superchip for Nvidia's DGX Spark AI supercomputer [3] Financial Performance - MediaTek reported third-quarter revenue of T$142.1 billion ($4.64 billion), a 7.8% increase year-over-year, while net income decreased by 0.5% to T$25.5 billion [4] - MediaTek's shares have declined by 7.4% this year, contrasting with a 22.6% rise in the benchmark index [4] Competitive Landscape - Competitor Qualcomm has introduced two AI chips for data centers, set to be available in 2026 and 2027, indicating increasing competition in the AI chip market [2] - TSMC, the world's largest contract chipmaker, has raised its full-year revenue forecast due to a positive outlook on AI spending [5]