ByteDance to spend about $14 billion in Nvidia chips in 2026: SCMP
ByteDance is planning a sharp rise in spending on Nvidia AI chips in 2026, according to a report by the South China Morning Post. The increase depends on whether the US firm is allowed to sell its advanced H200 processors in China.
By Reuters |
Reuters
ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from Nvidia in 2026, a hefty increase from roughly 85 billion yuan in 2025, if the U.S. company is allowed to sell its H200 graphic processing units in China, the South China Morning Post reported on Wednesday.
Reuters could not immediately verify the report.
($1 = 6.9961 Chinese yuan renminbi)
Reuters could not immediately verify the report.
($1 = 6.9961 Chinese yuan renminbi)
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