MediaTek Successfully Develops Its Inaugural Chip Using TSMC's Advanced 3nm Technology, Plans For Mass Production In 2024
Portfolio Pulse from Benzinga Newsdesk
MediaTek has successfully developed its first chip using Taiwan Semiconductor Manufacturing Company's (TSMC) advanced 3nm technology. The company plans to start mass production of the chip in 2024.

September 07, 2023 | 5:29 am
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POSITIVE IMPACT
MediaTek's successful development of a chip using TSMC's 3nm technology could potentially boost its competitive edge in the semiconductor market.
The successful development of a chip using advanced technology could potentially enhance MediaTek's product offerings and competitiveness in the semiconductor market. This could positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TSMC's advanced 3nm technology being used by MediaTek for chip development could potentially increase demand for TSMC's services.
MediaTek's use of TSMC's advanced 3nm technology for chip development could potentially increase demand for TSMC's services, which could positively impact TSMC's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80