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News 2026-10-20 22:45 UTC

Chinese tech firms purchase more than $35 billion of Nvidia chips: Reuters

Alibaba, ByteDance, and Tencent have together ordered tens of billions of dollars worth of Nvidia chips as China’s compute-hungry tech giants turn to the US. Alibaba, ByteDance, and Tencent have together ordered more than $35 billion worth of Nvidia chips, Reuters reported Tuesday, as China’s compute-hungry tech giants