China’s ByteDance is in talks with Samsung (SSNLF) to manufacture an AI chip, Reuters’ Liam Mo, Fanny Potkin, and Che Pan report. ByteDance aims to receive sample chips by end-March, sources familiar with the matter say, adding that the TikTok parent plans to produce at least 100,000 units of the chip, designed for AI inference tasks, this year. One of the sources says Bytedance is looking to progressively ramp production to up to 350,000 units.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- Applied Materials (AMAT) Clears China Export Hurdle Ahead of Q1 Earnings
- Why Is SanDisk Stock (SNDK) Rising Today, 2/12/26?
- Micron Stock (MU): Why Is This Semiconductor Stock Up Today, 2/12/26?
- Midday Fly By: January payrolls jump, Ford reports mixed Q4
- Applied Materials says Samsung will join $5B EPIC Center