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 self-driving firms playing key role on global stage

Chinese self-driving auto companies are intensifying efforts to make forays into overseas markets as part of a broader drive to bolster the large-scale commercial application of autonomous driving technology.