NVIDIA and MediaTek might be collaborating on a 3nm AI PC CPU that could potentially blow Qualcomm's Snapdragon X Elite out of the water — and it reportedly tapes out later this month

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What you need to know

• Rumors indicated NVIDIA and MediaTek are working together to develop a 3nm AI PC CPU, which is slated to enter the tape-out phase of production later this month.
• The processor could potentially compete with Qualcomm's Snapdragon X Elite offering, especially on the graphics front. 
• A separate report shows that the entry could retail at approximately $300 once it ships to broad availability.