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ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report
ByteDance has been a big buyer of Nvidia chips, with no signs of slowing down, and has skirted restrictions by storing them outside of China.
TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend$7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. ByteDance is technically adhering to these restrictions by using a loophole: The company isn’t bringing the chips directly to China and is instead storing them in data centers located in other regions like Southeast Asia, according to The Information’s reporting.
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