AI ASIC Outlook Optimistic, MediaTek Surges to Record High of NT$2870
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AI Summary (NQ-processed)
MediaTek's artificial intelligence (AI) application-specific integrated circuit (ASIC) business has an optimistic outlook, attracting active buying and pushing its stock price to a new high of NT$2870. The stock has doubled this year, also boosting shares of group members Global Unichip, AIC Inc., and Airoha Technology.