ByteDance, Alibaba, And Tencent Order $16 Billion Worth Of Nvidia’s H20 Chips As Demand Surges For DeepSeek’s Low-Cost AI Models: Report – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)

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ByteDance, Alibaba, And Tencent Order Billion Worth Of Nvidia’s H20 Chips As Demand Surges For DeepSeek’s Low-Cost AI Models: Report – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)

Chinese tech giants ByteDance, Alibaba Group BABA, and Tencent Holdings TCEHY have reportedly placed over $16 billion in orders for Nvidia Corporation’s NVDA H20 server chips in the first quarter of 2025.

What Happened: ByteDance, Alibaba,…

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https://www.benzinga.com/25/04/44621102/bytedance-alibaba-and-tencent-order-16-billion-worth-of-nvidias-h20-chips-following-the-surge-in-demand-deepseeks-low-cost-ai-models-report

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