ByteDance to spend about $14 billion in Nvidia chips in 2026, SCMP reports
Dec 31 (Reuters) – ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from Nvidia (NVDA.O), in 2026, a hefty increase from roughly 85 billion yuan in 2025, if the U.S. company is allowed to sell its H200 graphic processing units in China, the South China Morning Post reported on Wednesday.
Reuters could not immediately verify the report.
($1 = 6.9961 Chinese yuan renminbi)
Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Rashmi Aich
READ the latest news shaping the Nvidia market at Newsvidia
ByteDance to spend about $14 billion in Nvidia chips in 2026, SCMP reports, source
