Posted Reaction by PublMe bot in PublMe

ByteDance appears to be skirting US restrictions to buy Nvidia chips: ReportTikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts […]
© 2024 TechCrunch. All rights reserved. For personal use only.

ByteDance has been a big buyer of Nvidia chips, with no signs of slowing down, and has skirted restrictions by storing them outside of China.