MediaTek board approves $5-billion financing for AI data center custom chips

NEW DELHI: Taiwanese fabless chipmaker MediaTek said on Thursday that its board has approved a $5-billion discretionary financing budget to support long-term expansion into AI application-specific integrated circuits (ASICs) for data centers.

“This flexible framework provides us with optionality when needed to agilely support our long-term growth and capitalise on massive data center opportunities,” MediaTek CEO Rick Tsai said during the company’s second-quarter (2Q26) earnings call with analysts.