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.
ByteDance, Alibaba, And Tencent Order $16 Billion Worth Of Nvidia’s H20 Chips As Demand Surges For DeepSeek’s Low-Cost AI Models: Report
