MediaTek to Begin 2nm Chip Trial Production in September
According to reports, MediaTek has revealed its latest business outlook following its earnings call on July 30, emphasizing a deeper push into advanced AI chip development. CEO Rick Tsai announced that MediaTek's first 2nm chips will begin trial production this September, marking a major step forward in next-gen process technology.
Despite external headwinds, MediaTek remains optimistic about long-term growth, especially with stronger traction in premium smartphones and expanding collaborations in AI computing—most notably with NVIDIA. Tsai highlighted that while Q2 faced unfavorable exchange rates, the company still saw a 4.4% sequential and 23.8% year-over-year revenue growth in USD terms.
However, due to early demand fulfillment, MediaTek anticipates a 7%–13% sequential revenue drop in Q3. In New Taiwan dollars, Q2 revenue was NT$150.37 billion, down 1.9% from Q1, with a gross margin of 49.1%, including one-time gains. Q2 earnings per share (EPS) stood at NT$17.5, bringing H1 EPS to NT$35.93.
Smartphone-related revenue contributed 52% in Q2, growing 19% YoY in USD, although it dipped 3% from the previous quarter. MediaTek attributes the performance to the success of the Dimensity 9400 series and plans to launch the next-gen flagship SoC, Dimensity 9500, in Q3, which has already secured more design wins than its predecessor.
The intelligent edge business also stood out, growing 32% YoY and 14% QoQ in USD terms. This growth was driven by rising AI hardware adoption, increased custom ASIC market share, and some early shipment pull-ins. Notably, leading Android tablet makers like Samsung are integrating MediaTek's AI chips into their premium models, while Lenovo introduced an AI Chromebook powered by MediaTek's 3nm Kompanio Ultra SoC.
Tsai also underlined progress in enterprise infrastructure and automotive applications. MediaTek is rapidly scaling its ASIC R&D, focusing on cutting-edge nodes, advanced packaging, and next-gen IP like 448G SerDes and co-packaged optics (CPO). The company is working with several global cloud service providers to develop ASICs for data centers, with significant revenue contributions expected from 2025.
