MediaTek's third-quarter sales exceeded guidance. It raised its 2026 artificial intelligence application-specific integrated circuits, or ASICs, revenue target by 25% and expects its 2027 market share to be near 20%. MediaTek won a second client and is expanding from chips to server rack solutions.
A smaller technological gap compared with Qualcomm enables MediaTek to capture market share in 5G smartphone SoCs.
Smartphone vendors who design their own SoCs will gain market share. With stable phone shipments, MediaTek’s addressable market will shrink.
Metric | 2454 | SWKS | QCOM |
|---|---|---|---|
Price/Earnings (Normalized) | 60.85 | 36.70 | 13.01 |
Price/Book Value | 14.02 | 2.18 | 6.02 |
Price/Sales | 10.02 | 3.16 | 4.27 |
Price/Cash Flow | 48.02 | 15.11 | 15.45 |
Metric | 2454 | SWKS | QCOM |
|---|---|---|---|
Quick Ratio | 0.89 | 1.31 | 0.99 |
Current Ratio | 1.24 | 3.10 | 1.86 |
Interest Coverage | 197.63 | 13.21 | 14.05 |
Metric | 2454 | SWKS | QCOM |
|---|---|---|---|
Return on Assets (Normalized) | 13.69% | — | 20.31% |
Return on Equity (Normalized) | 24.68% | — | 43.63% |
Return on Invested Capital (Normalized) | 20.71% | — | 28.08% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| NVIDIA Corp NVDA | LOCK|%sT%D!jp | LOCK|g@ | $4T | |||
| Taiwan Semiconductor Manufacturing Co Ltd ADR TSM | LOCK|Z?yT&R | LOCK|tW | $2T | |||
| Broadcom Inc AVGO | LOCK|QM>dkYt | LOCK|@< | $2T | |||
| Advanced Micro Devices Inc AMD | LOCK|R?$$x>c? | LOCK|s#J^ | $834B | |||
| Micron Technology Inc MU | LOCK|&R!!b>y | LOCK|S& | $830B | |||
| SK hynix Inc ADR SKHY | LOCK|%dSPzhC | LOCK|#&$ | $587B | |||
| Intel Corp INTC | LOCK|#Z>Dcd | LOCK|<$Q | $316B | |||
| Texas Instruments Inc TXN | LOCK|SNK!F>P | LOCK|TC | $270B | |||
| ARM Holdings PLC ADR ARM | LOCK|R&^?Wc | LOCK|Crr | $199B | |||
| Analog Devices Inc ADI | LOCK|XTyQNZv | LOCK|>>x | $191B |
United States