MediaTek reports Q3 revenue of NT$168.1 billion

MediaTek said on Oct. 30 that unaudited third-quarter revenue was NT$168,058 million, up 18.3 percent from a year earlier, with net income of NT$28,199 million and EPS of NT$17.50. Rick Tsai said initial shipments of the first data-center AI accelerator began in September and that the company is confident of about US$2.5 billion of that revenue in the fourth quarter. Fourth-quarter revenue guidance is NT$210.1 billion to NT$221.8 billion, and a US$3.9 billion convertible bond was completed in the quarter with Nvidia and Alphabet participating.

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