Nvidia to invest US$3.5 billion in MediaTek

Nvidia Corp is investing US$3.5 billion into MediaTek Inc (聯發科), deepening collaboration with the Taiwanese chip designer at a time when it’s working to persuade more companies to build chips that plug into its dominant data center ecosystem.Nvidia will buy bonds convertible into MediaTek shares, the companies said in a joint statement yesterday.The investment broadens a partnership between the two chip designers that will see MediaTek using NVLink Fusion and the newly announced NVHBM technology as part of an Nvidia tech suite to help components communicate more seamlessly in data centers. The Taiwanese company is trying to challenge Broadcom Inc and Marvell Technology Inc by helping owners of data centers create their own components. Nvidia Corp chief executive officer Jensen Huang, left,