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.

NVIDIA's H20 Experiences "Shocking" Demand From China; Local Tech Giants Order Up to $16 Billion in Accelerators Amid AI Craze

NVIDIA's H20 AI accelerators are in tremendous demand in China, and it is now reported that the domestic markets are experiencing a shortage as big tech gobbles up all the units available. NVIDIA Once Again Experiences an "AI Gold Rush" In China; H20s Are Now Said To Be In Massive Shortage Well, with the US export restrictions, China was barred from accessing high-end AI hardware from the likes of NVIDIA and, as a replacement, was offered severe…