China’s ByteDance intends to spend roughly RMB100B, or $14B, on AI chips from Nvidia (NVDA) next year, a sharp increase from roughly RMB85B this year, should the U.S. chip maker be allowed to sell its H200 graphic processing units in China, SCMP’s Wency Chen reports, citing people familiar with the matter. The budget is part of ByteDance’s ambitious capital spending plan in AI for 2026, the author notes.
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