Nvidia is investing $3.5 billion in Taiwanese chipmaker MediaTek, expanding an existing partnership. Bloomberg reports that Nvidia will buy convertible bonds that can convert into MediaTek shares, while the companies discuss broader collaboration to increase adoption of chips connected to Nvidia’s data center ecosystem.

The investment comes as Nvidia works to persuade more companies to build chips that plug into its platform, particularly in markets tied to artificial intelligence workloads. Quartz says the expanded cooperation spans data centers as well as PCs and automotive applications. Bloomberg frames the move as deepening collaboration at a time when Nvidia is seeking wider chip integration and manufacturing participation.

Across the outlets, the core terms and purpose are consistent: a $3.5 billion investment in MediaTek via convertible bonds, presented by both companies as a way to broaden their joint efforts across multiple computing and device segments. Details beyond the investment structure and partnership scope are not presented in the provided reports, including any specific milestones or customers.