MediaTek is trading 4.9% up at TWD 3,505.00 as the stock rebounds from last week’s sharp AI chip selloff and sector rotation that had dragged Taiwan semiconductors lower.
- Today’s move aligns with a broader semiconductor recovery, helped by bargain hunting and an upbeat analyst stance on the chip sector.
- The price action is driven by market sentiment rather than any new company-specific announcements or earnings catalysts for MediaTek itself.