Focus Stocks》MediaTek: Throw away Jen-Hsun Huang’s shadow! Back to the 4,000 yuan mark
MediaTek surged nearly 3% in early trading, regaining its monthly line; Huida's stock price plummeted more than 9% after the market closed, and the board of directors plans to hold a meeting to decide whether Huang Renxun will stay or not.
Quick Look
- Foreign reports reported that Huida CEO Huang Renxun was involved in an extramarital affair, and Huida's board of directors planned to hold a meeting to decide whether he should stay or leave.
- The stock price plummeted by more than 9% after the market closed.
- Taiwan stocks turned negative in early trading, with TSMC weakening and MediaTek's stock price rising strongly by nearly 3%, returning to the 4,000 yuan mark and regaining its monthly line, temporarily trading at 4,085 yuan.
AI-generated summary
Why It Matters
According to foreign reports, Huida CEO Huang Renxun is involved in an extramarital affair. Huida's board of directors is preparing to hold a meeting as soon as that day to decide Huang Renxun's departure. Huida's stock price plummeted by more than 9% after the market opened. Taiwan stocks fell sharply in early trading today, and TSMC's stock price weakened significantly. MediaTek's stock price surged by nearly 3%, returning to the 4,000 yuan mark, and led Taiwanese stocks to regain the monthly line. MediaTek predicts that fourth-quarter revenue will grow strongly compared with the third quarter. Calculated at the U.S. dollar to Taiwan dollar exchange rate of 1:31.7, it will be between 210.1 billion yuan and 221.8 billion yuan, with a quarterly increase of 25% to 32% and an annual increase of 40% to 48%. Another ASIC project is expected to complete tape-out on time and start mass production in the first quarter of 2028. The AI ASIC business will capture 20% of the global market next year and also obtain a second major ASIC customer.
[Reporter Zhuo Yijun/Reporting from Taipei] Foreign reports indicate that in addition to being suspected of having an extramarital affair with Chinese spy Huang Le, NVIDIA CEO Jen-Hsun Huang also had an affair with NVIDIA Vice President of Medical Business Kimberly Ball. Powell's affair. After the extramarital affairs broke out one after another, Huida's board of directors is preparing to hold a meeting as soon as today to decide on Huang Renxun's departure. Huida's stock price plunged more than 9% after the market closed. Taiwan stocks fell sharply in early trading today, and Huang Renxun The stock price of TSMC (2330), which has the closest relationship with Xun, has weakened significantly. MediaTek (2454), which has received a large investment from Huida, has a strong stock price today. It rose nearly 3% in early trading, returning to the 4,000 yuan mark, and leading Taiwan stocks to recover the monthly line.
As of about 9:18 minutes, MediaTek's stock price rose 2.38%, temporarily reported at 4,085 yuan, with a trading volume of more than 3,790 transactions.
MediaTek predicts that, driven by the increased volume of its AI accelerator business, fourth-quarter revenue will grow strongly compared with the third quarter. It is expected that fourth-quarter revenue will be between 210.1 billion yuan and 221.8 billion yuan based on the U.S. dollar to Taiwan dollar exchange rate of 1 to 31.7, with a quarterly increase of 25% to 32% and an annual increase of 40% to 48%. Another ASIC project is expected to complete tape-out (design finalization) on time and start mass production in the first quarter of 2028. The AI ASIC business will capture 20% of the global market share next year. It has also obtained a second major ASIC customer, and is very confident in the strong growth of future operations.
What to Watch
AI outlook — possibilities, not facts
Huida's board of directors will decide whether Huang Renxun will stay or leave in the near future.
Very likely · Within days
MediaTek’s fourth-quarter revenue will increase by 25% to 32% quarterly and 40% to 48% annually.
Likely · Within months
MediaTek AI ASIC business can capture 20% of global market share next year
Possible · Within months
Open Questions
- Will Huida's board of directors finally decide that Huang Renxun will step down?
- What will be the long-term impact of Huida's stock price plunge on Taiwan stocks?
- Can MediaTek's fourth-quarter revenue finally reach the estimated range?
- Who is MediaTek’s second major ASIC customer?
