Nvidia Invests $3.5 Billion in MediaTek to Expand Beyond GPUs
Nvidia just wrote its biggest check outside the United States: $3.5 billion for MediaTek's convertible bonds in a deal announced Monday. The purchase covers roughly 90% of MediaTek's $3.9 billion offshore bond offering, which MediaTek called the largest of its kind in the island's capital-market history. Google’s parent company, Alphabet, also bought in, though neither company said how much Google's parent chipped in. Myriad: How low will Nvidia go? Click to make your prediction. The deal deepen...
