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984 Chinese tech firms ByteDance, Alibaba, and Tencent rush to order $16B in new Nvidia’s H20 AI chips amid looming U.S. ban

Startups News
Nickie Louise @ Startups News · 04/02/2025 11:12 EDT

Chinese tech firms ByteDance, Alibaba, and Tencent rush to order $16B in new Nvidia’s H20 AI chips amid looming U.S. ban

Chinese tech giants are scrambling to secure Nvidia’s H20 chips before new U.S. export restrictions kick in. According to a report by The Information, companies like ByteDance, Alibaba, and Tencent collectively placed over $16 billion in orders for AI chips ...

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