Rick Tsai, MediaTek‘s CEO despite being optimistic given strong AI demand was unable to give full-year earnings guidance for Taiwan‘s top chip design company.
Taiwanese tech firms including TSMC, the world’s largest contract chipmaker face Donald Trump‘s tariffs on imported chips, though plans for tariffs have been paused for 90 days.
“The first half is reasonably positive” said Rick Tsai during the quarterly earning conference call of the company who counts NVIDIA as a partner and a client, “because of uncertainty we will not give, as we usually have, a full year outlook this year”.
Rick Tsai said also that the Company qualitatively is not overly pessimistic and is striving to achieve a good, positive 2025.
MediaTek’s shares this year outperformed the broader market which dropped 12% dropping only 4.6% with shares closing down 1.5% ahead of the earnings call.
