MediaTek reported consolidated revenue of NT$64.183 billion for August, up 32.4% from the previous month and 44% from a year earlier, setting a record for a single month, according to ChainCatcher.
Combined revenue for July and August came to NT$112.658 billion. Consolidated revenue for the first eight months of the year reached NT$413.991 billion, up 5.7% year over year.
Based on the figures disclosed by the company, September revenue only needs to exceed NT$39.542 billion for MediaTek to meet the low end of its third-quarter guidance. The company said growth in its smart device platform business this quarter is expected to offset the impact from its handset business.
Using an exchange-rate assumption of NT$32 per U.S. dollar, MediaTek forecast third-quarter revenue in a range of NT$152.2 billion to NT$159.8 billion. That would be flat to up 5% from the prior quarter and up 7% to 12% from a year earlier. Gross margin is projected at 46%, plus or minus 1.5 percentage points.
On operations, MediaTek said rising shipments of flagship system-on-chip products should broadly offset weakness in other product lines. Third-quarter mobile chip revenue is expected to be flat to down by a mid-single-digit percentage, while revenue from the smart device platform business is expected to grow by a mid- to high-single-digit percentage.
The company also said businesses including ASIC design services will support performance this year. It expects full-year U.S. dollar revenue growth to reach a high-single-digit percentage, hitting the upper end of its original target range.
For data center chips, MediaTek said it has built its first AI accelerator ASIC through close cooperation with a major U.S. cloud service provider and expects mass production to begin in the fourth quarter. Data center revenue this year is expected to exceed $2 billion.
MediaTek has also raised its 2027 target for share of the serviceable market in data centers to 15% to 20%, from a previous 10% to 15%.