MediaTek Cranks Up Pressure on Qualcomm With Cutting-Edge Smartphone Chip
Qualcomm stock dips premarket as rival MediaTek launches new 2-nanometer processors and expands into custom AI data-center chips.
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Why It Matters
MediaTek just launched super advanced chips that do the same things Qualcomm's chips do. When a competitor gets better technology, it means Qualcomm has to work harder to stay ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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