Nvidia to Invest $3.5 Billion in Taiwanese Chip Designer MediaTek — Update

Nvidia reported fiscal Q2 2027 revenue of $96.2B, up 106% YoY, with Data Center revenue at $89B, up 117%. The company guided for Q3 revenue of $108B and announced plans with AWS to deploy 2M GPUs. Analysts remain bullish, with a consensus 'Strong Buy' rating and a mean target of $324. Nvidia is expanding into new AI sectors, including inference, robotics, and sovereign AI infrastructure.

CrowdStrike launched SafeMind, AI models for cybersecurity, with Nvidia. The models include Red Tempest (offensive) and Blue Solano (defensive). CrowdStrike claims 29% higher detection rate, 6x faster remediation, and 99% cost reduction. The company also opened the Cyber Superintelligence Lab and expanded its Falcon platform on Google Cloud. Partnerships with Rubrik and Fortanix were announced.

Anthropic launched Claude Fable 5.1 and Mythos 5.1, its most advanced AI models, with record benchmark scores. Fable 5.1 is generally available, while Mythos 5.1 is restricted. The company secured a $35B cloud deal with Lambda and a $45B hardware contract with Nscale. Hut 8 will host the infrastructure in Texas, with Nvidia holding the lease.

Nvidia (NVDA) is in advanced talks to acquire AI startup Hugging Face for approximately $14 billion, according to Bloomberg. A deal valued at $12.9 billion could be finalized this week, including a $1 billion retention package for employees. No final agreement has been reached, and terms may change. The acquisition would expand Nvidia's AI capabilities and customer base. Hugging Face was valued at $4.5 billion in 2023.

Nvidia Corp. is investing $3.5 billion in MediaTek Inc. through convertible bonds, deepening their partnership. The deal involves MediaTek using Nvidia's NVLink Fusion and NVHBM tech for data center components, challenging Broadcom and Marvell. This follows Amazon's agreement to use Nvidia's tech with its in-house chips, aiming to maintain Nvidia's role in AI hardware.

Nvidia reported Q2 2027 revenue of $96.2B, up 106% YoY, exceeding estimates. Data center revenue rose 117% to $89B. The company projected 70% revenue growth for next year, with Q3 2027 guidance of $105.8B-$110.2B. Earnings per share increased 120% to $2.22. Analysts rate NVDA a 'Strong Buy' with a mean target price of $324.44.