Increased collaboration with Nvidia Corp. has pushed investor optimism over the AI growth potential for MediaTek Inc. to a new level, putting its shares on track for their first record high in seven months.

In a pretty recent development it has been known that Nvidia CEO Jensen Huang unveiled the smallest AI computer of the world till date and it is being claimed that such a revolutionary system could actually change the fact that how an individual could actually work in a pretty big way.

INCREASED collaboration with Nvidia has pushed investor optimism over the artificial intelligence (AI) growth potential for MediaTek to a new level, putting its shares on track for their first record high in seven months.

According to industry sources, Nvidia and MediaTek are broadening their collaboration to include core chips for Nintendo's Switch 2 gaming consoles, following their partnership in developing AI supercomputer chips.

The Nvidia GB10 Grace Blackwell Superchip demonstrates the successful collaboration between MediaTek and Nvidia, highlighting the strong foundation of mutual trust between both companies, according to MediaTek corporate SVP Jerry Yu.

The supercomputer will cost about $3,000 when it becomes available in May, Nvidia said, and will be available from the company itself as well as some of its manufacturing partners. Huang said Project Digits is a placeholder name, indicating it may change by the time the computer goes on sale.

Nvidia revealed a $3,000 mini computer for AI developers at CES in Las Vegas this week. TakeAway Points: This week, Nvidia unveiled a $3,000 tiny PC for AI developers. For the time being, it is known as Project Digits and is built around the GB10 Nvidia chip.

Nvidia CEO Jensen Huang says MediaTek could sell desktop processor chip co-developed with Nvidia, showcased at CES 2025. AMD and Intel are key competitors.

Increased collaboration with Nvidia has pushed investor optimism over the AI growth potential for MediaTek to a new level.

Nvidia revealed a $3,000 mini computer for AI developers this week. It's called Project Digits — for now — and is based around an Nvidia chip called GB10. Nvidia could target the $50 billion-per-year PC market in the future with the chip.

In a sector dominated by Advanced Micro Devices (AMD) and Intel (INTC), Nvidia’s entry into the space could shake up the market. Nvidia CEO Jensen Huang unexpectedly presented a $3,000 AI minicomputer.