ByteDance Plans 100 Billion Yuan AI Chip Purchase From Nvidia in 2026
ByteDance, the parent company of TikTok and Douyin, is preparing for one of the largest artificial intelligence hardware investments ever seen in Asia. According to reports cited by Reuters and Yahoo Finance, ByteDance plans to spend around 100 billion yuan, or nearly 14 billion US dollars, on Nvidia AI chips in 2026. This move highlights how aggressively the Chinese tech giant is expanding its artificial intelligence ambitions despite ongoing geopolitical and trade restrictions.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →