Chinese firms place $16 billion in order for new Nvidia chips in the first 3 months of 2025, the Information reports

China’s Loongson unveils ‘AI era’ chips amid self-sufficiency drive

The new processors integrate Loongson’s central processing unit cores, which are based on its in-house instruction set architecture.

ByteDance, Alibaba, And Tencent Order $16 Billion Worth Of Nvidia's H20 Chips As Demand Surges For DeepSeek's Low-Cost AI Models: Report - Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)

Chinese tech giants ByteDance, Alibaba, and Tencent have placed over $16 billion in orders for Nvidia's H20 server chips, driven by increased demand for DeepSeek's low-cost AI models, amid ongoing supply challenges and U.S. export restrictions.

Chinese firms place $16 billion in order for new Nvidia chips in the first 3 months of 2025, the Information reports

Chinese firms including ByteDance and Tencent place $21.5 billion in orders for new Nvidia chips

Nvidia’s H20 server chip is the primary chip the firm is legally permitted to sell in China. Read more at straitstimes.com.

Chinese tech firms rush to order $16B in new Nvidia’s H20 AI chips amid looming U.S. ban - Tech Startups

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 […] The post Chinese tech firms rush to order $16B in new Nvidia’s H20 AI chips amid looming U.S. ban first appeared on Tech Startups.

Chinese tech giants scamper to order $16B Nvidia AI chips as US curbs loom

Chinese tech giants including Alibaba, Tencent and ByteDance placed at least $16B in orders for Nvidia’s H20 server chips used for AI in the first three months of 2025, ahead of a potential U.S. ban on the sale of the AI chip in China, The Information reported citing people familiar with the transactions. The orders […] The post Chinese tech giants scamper to order $16B Nvidia AI chips as US curbs loom appeared first on OODAloop.