Previous close | 1,000.00 |
Open | 1,040.00 |
Bid | 1,035.00 x 0 |
Ask | 1,040.00 x 0 |
Day's range | 1,030.00 - 1,050.00 |
52-week range | 652.00 - 1,275.00 |
Volume | |
Avg. volume | 8,004,407 |
Market cap | 1.655T |
Beta (5Y monthly) | 1.15 |
PE ratio (TTM) | 21.51 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 55.00 (5.29%) |
Ex-dividend date | 04 July 2024 |
1y target est | N/A |
(Bloomberg) -- A five-month rally in MediaTek Inc. looks set to extend as booming demand for smartphones and a promising new AI chip brighten the company’s outlook.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyKissinger, Diplomat Who Defined US Foreign Policy, Dies at 100Banking Escapees Make Billions From Private Credit BoomThe Taiwanese
MediaTek leverages Keysight's (KEYS) 5G Network Emulation portfolio to validate 5G modem technologies. This will immensely support the advancement of 5G New Radio and RedCap use cases.
Qualcomm (NASDAQ: QCOM) stock shed about 2.5% through 12:30 p.m. ET on Tuesday, but the reasons why relate more to what's happening at a rival chip company than to anything occurring at Qualcomm itself. If you are unfamiliar with MediaTek, it's worth getting acquainted. With a market capitalization of $47 billion, the Taiwan-based "fabless" semiconductor producer is barely one-third of Qualcomm's size.