NEW YORK , Sept. 25, 2025 /PRNewswire/ -- With global smartphone sales leveling off, Qualcomm and MediaTek are taking their long-running rivalry into the fast-growing cloud AI ASIC market. DIGITIMES Research estimates MediaTek controlled 37% of the smartphone application processor market in 2024, ahead of Qualcomm at 27%. Together, the two suppliers accounted for more than 60% of shipments. With handset growth expected to remain stuck in the low single digits, both companies are turning to cloud computing chips as a new source of expansion.

Cloud strategies unveiled at COMPUTEX

Qualcomm and MediaTek outlined new strategies for cloud AI chips and confirmed plans to join Nvidia's NVLink Fusion consortium, signaling their intent to take on incumbents in high-performance computing. The moves

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