MediaTek Inc
2454: XTAI (TWN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Br | LOCK|^&w# | LOCK|#!KhVqY |
MediaTek Earnings: More Clarity in Both Mobile and Nonmobile Businesses, Shares Cheap
Our fair value estimate on MediaTek remains at TWD 1,400 with no change to our long-term view. MediaTek's shares are attractive after pulling back amid slowing smartphone restocking as the market seems to underestimate customers' willingness to pay a premium for chips with topnotch artificial intelligence features and remains unconfident on the company's ventures in automotive and other tailored use cases.
