ByteDance reportedly plans to purchase $5.6 billion worth of Huawei’s Ascend AI chips
Chinese tech giant ByteDance is reportedly planning to purchase more than RMB 40 billion ($5.6 billion) worth of Huawei’s Ascend AI chips in 2026, a sharp increase from nearly zero procurement this year. According to sources, the first batch of Ascend AI chips is expected to enter delivery soon, with…
bubmagDecember 29, 2025