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Nvidia Puts $3.5B Into MediaTek Convertible Bonds and Gets NVLink Fusion Adoption in Return
Nvidia announced on August 31 it is buying $3.5 billion of bonds convertible into MediaTek shares, with MediaTek adopting Nvidia's NVLink Fusion platform so custom accelerators built for hyperscalers still plug into Nvidia rack-scale systems. The deal also extends the existing RTX Spark and DGX Spark PC chip work and MediaTek's Dimensity Auto automotive line. The read for builders: Nvidia is conceding the custom-silicon design layer to keep owning the interconnect as Amazon, Google, Microsoft, OpenAI and Anthropic all build their own chips.
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