Intraday Plunge of 6.3%, 27.98% Pullback From High
Taiwan stocks faced heavy intraday selling pressure today (3rd), and IC design leader MediaTek (2454) could not escape the sell-off. As of 12:25 noon, the share price stood at 3720 yuan, down 250 yuan or 6.3%, meaning the market value per board lot shrank by 250,000 yuan in a single day. Based on the recent high of 5165 yuan, the share price has now pulled back about 27.98%, with book market value per board lot down 1.445 million yuan from the high.
Approaching 30th Anniversary, Market Cap Tops 200 Billion US Dollars
MediaTek Vice Chairman and CEO Rick Tsai today attended the "2026 Taiwan Week" event and delivered a speech titled "Technology Trends and the Path of Corporate Growth." He noted that MediaTek will mark its 30th anniversary next year, growing from a market capitalization of only about 2-plus billion US dollars at its 2001 listing to now topping 200 billion US dollars, ranking among the top 40 companies globally by market value, with cumulative cash dividends of more than 27 billion US dollars, reflecting its transformation from consumer electronics and mobile communications into AI.
Rare Call to Buy Own Shares, Stressing Patience
Amid recent share price weakness, Rick Tsai made a rare public call for investors to buy the company's own shares. He said MediaTek has continued to create shareholder value over the past 25 years, paying cumulative cash dividends of more than 27 billion US dollars, with considerable long-term investment returns. He stressed that long-term holding requires patience, and future returns are worth anticipating.
3.9 Billion US Dollar Convertibles Draw NVIDIA, Google Investment
Tsai highlighted that MediaTek previously issued about 3.9 billion US dollars in convertible bonds, attracting participation from international tech giants such as NVIDIA and Google. He said this not only secured funds needed to expand the business, but also reflected global tech giants' confidence in MediaTek's technological capabilities and future development.
Explosive AI Computing Demand, Chasing Record Revenue
On the AI industry outlook, Tsai noted that since the debut of ChatGPT in 2022, global demand for AI computing power has climbed rapidly, with the doubling cycle shortening from about every 18-20 months to every 4-5 months, driving cloud service providers (CSPs) to keep expanding infrastructure investment. He described AI as bringing a structural Giant transformation to industries, with semiconductors at the core of this wave. MediaTek has in recent years actively diversified its business, expanding beyond its existing smartphone chips into automotive, computing and AI data center markets to build its next phase of growth momentum. For this year's operations, Tsai forecast full-year revenue有望 to top 21 billion US dollars, setting a new record high, and despite recent share price volatility, he stressed the company has built its technology and customer partnership base and remains optimistic about future growth.