TAIPEI, April 30 (Reuters) - The chief executive of
Taiwan's top chip design company MediaTek ( MDTTF ) said on
Wednesday he was unable to give full-year earnings guidance due
to uncertainty about U.S. tariffs, but that he was generally
optimistic given strong AI demand.
Tech firms in Taiwan, home to the world's largest contract
chipmaker TSMC, face the possibility that U.S.
President Donald Trump will put tariffs on imported chips,
though earlier this month he paused earlier plans for sweeping
import charges on all countries for 90 days.
Asked on a quarterly earnings conference call about the
impact on the company, whose partners and clients include
artificial intelligence giant Nvidia ( NVDA ), from any future
U.S. tariffs, MediaTek's ( MDTTF ) CEO Rick Tsai said they were cautious
about the second half.
"The first half is reasonably positive. Because of
uncertainty we will not give, as we usually have, a full year
outlook this year," he said.
"But what I can say is: at least qualitatively, we are not
overly pessimistic. We strive to achieve still a good, positive
2025."
Tsai said he remained upbeat on the AI market.
"For the mid- to long-term, we believe the trend towards
ubiquitous AI remains intact and our growth prospects remain
solid," he added.
TSMC, in its earnings call earlier in April, gave a bullish
outlook for the year on robust demand for AI applications, and
did give full year guidance, adding that it had yet to see any
change in customer behaviour, despite tariff uncertainty.
MediaTek's ( MDTTF ) shares have fallen 4.6% so far this year,
outperforming the broader market's 12% dip. The
company's shares closed down 1.5% on Wednesday ahead of its
earnings call.