Nvidia ($NVDA) is closing out the year with a major AI win. ByteDance, the parent company of TikTok, is reportedly targeting ...

ByteDance plans $14 billion Nvidia AI chip investment amid China export shifts, boosting AI, cloud, and chip development.

Investing.com-- China’s ByteDance is planning a sharp increase in spending on artificial intelligence chips next year, with a budget of about 100 billion yuan ($14 billion) earmarked for purchases ...

ByteDance plans to spend approximately $14.3 billion on NVIDIA AI chips in 2026. The plan supports increased AI computing for TikTok, Douyin, and Volcano Engine ...

Nvidia stock rises. Here’s how big China sales could be. Nvidia was rising early on Thursday amid speculation that the chip ...

Chinese tech giants ByteDance, Alibaba Group (NYSE:BABA), and Tencent Holdings (OTC:TCEHY) have reportedly placed over $16 billion in orders for Nvidia Corporation’s (NASDAQ:NVDA) H20 server chips in ...

TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by ...

Last year, most lawmakers deemed the Chinese tech giant ByteDance a national security risk and banned its apps. Now, under a Trump reprieve, it’s shipping new apps anyway. In 2024, Congress passed a ...