✉news TechnologySemiconductors first seen 11 h ago, last 26 min ago, peak #10
ByteDance, Alibaba and Tencent order $35 billion of Nvidia chips
Original: ByteDance, Alibaba and Tencent order $35 billion of Nvidia chips: Reuters
ByteDance, Alibaba and Tencent have collectively ordered around $35 billion of Nvidia chips, according to a Reuters report picked up by Yahoo Finance and Investing.com. The massive purchases by China's three largest tech companies highlight the scale of demand for Nvidia's AI processors as the country's internet giants race to build out computing power for artificial intelligence services.
Why now: The scale of the orders underscores how China's tech giants are competing for Nvidia's scarce AI chips amid US-China tensions over semiconductor exports.
Rank over time, top of the chart is #1. 5 snapshots from 11 h ago to 26 min ago.
Evidence
- ByteDance, Alibaba and Tencent order $35 billion of Nvidia chips: Reuters · Yahoo Finance
- ByteDance, Alibaba and Tencent order $35 billion of Nvidia chips: Reuters · Investing.com
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