Nvidia invests $3.5b in MediaTek convertible bonds

Nvidia said on ‌Monday it has invested $3.5 billion in convertible bonds issued by Taiwan's MediaTek, ‌which could add to growing investor concerns about circular financing in ⁠the AI sector. The new deal is the latest example of Nvidia helping ⁠finance businesses building products and infrastructure around its technology, ​a strategy that supports growth in ‌its AI ecosystem but has ‌drawn ‌investor scrutiny. The deal includes ‌MediaTek adopting Nvidia's ​NVLink Fusion platform, allowing custom