On December 31, recent reports stated that ByteDance plans to spend up to 7 billion dollars to purchase NVIDIA chips by 2025. In response, a spokesperson for ByteDance told the media that the information regarding the purchase of NVIDIA chips is inaccurate.
According to Zhito Finance APP, on December 31, recent news indicates that ByteDance plans to spend up to $7 billion to purchase NVIDIA chips in 2025. In response, a spokesperson for ByteDance told the media that the information regarding the purchase of NVIDIA chips is inaccurate.
Previously, U.S. media The Information exclusively reported that the Chinese technology giant ByteDance, which is aggressively entering the AI market, plans to spend up to $7 billion to purchase NVIDIA (NVDA.US) chips in 2025 and has informed suppliers of this plan. The report also cited informed sources stating that ByteDance has told several datacenter suppliers and banks that it expects to spend more than $20 billion in 2025 on AI chips, datacenters, and other hardware (such as underwater cables), with nearly $7 billion of the budget allocated for overseas cloud computing services, enabling the company to utilize NVIDIA's AI chips.
According to data released by Omdia, ByteDance has become the largest buyer of NVIDIA AI chips in China, and even the largest customer for NVIDIA in Asia. The report shows that Microsoft (MSFT.US) ordered a total of 0.485 million NVIDIA Hopper chips in 2024, surpassing other global technology companies, while ByteDance and Tencent (00700) are tied for second place with orders of about 0.23 million chips each.