✉news TechnologySemiconductors first seen 15 h ago, last 11 min ago, peak #1
ByteDance, Alibaba, Tencent order $35 billion of Nvidia chips
Original: EXCLUSIVE: ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
Reuters reports that ByteDance, Alibaba and Tencent have placed orders for more than $35 billion worth of Nvidia chips, underlining the scale of Chinese tech companies' demand for advanced AI semiconductors. The purchases come despite US export controls restricting the sale of Nvidia's most powerful chips to China, and highlight how far Chinese firms will go to secure computing power for AI development.
Why now: The exclusive reveals the enormous scale of Chinese demand for Nvidia chips despite US export restrictions, with implications for the AI race and geopolitics.
Rank over time, top of the chart is #1. 16 snapshots from 15 h ago to 11 min ago.
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