TAIPEI, Feb 4 (Reuters) - A surge in demand for artificial intelligence applications is straining supply chains and driving up costs, Taiwan's top chip design ​company MediaTek said on Wednesday, adding it would adjust its own prices in ‌response. Taiwanese tech companies like MediaTek and TSMC, the world's largest contract chipmaker, have reported surging business thanks ‌to the AI boom. MediaTek Chief Executive Rick Tsai told a quarterly earnings conference call that he was very confident in the comp ...

By Wen-Yee Lee and Ben Blanchard TAIPEI (Reuters) -Taiwan's top chip design company, MediaTek, expects to earn revenue of billions of dollars from its AI accelerator ASIC chips by 2027, the chief executive said on Friday, as the company pushes further into the data centre business. Chief Executive Rick Tsai told a quarterly earnings conference call that MediaTek was on track to generate $1 billion in revenue from its cloud AI chips in 2026 after its first AI accelerator ASIC project was well executed. " ...