Home ยป Unverified: Tech Titans Tencent, Alibaba, ByteDance Ramp Up Orders for NVIDIA’s H20 Chips to Meet Growing Demand for DeepSeek Technology.

Unverified: Tech Titans Tencent, Alibaba, ByteDance Ramp Up Orders for NVIDIA’s H20 Chips to Meet Growing Demand for DeepSeek Technology.

According to multiple sources, including Reuters, several Chinese technology companies are accelerating the purchase of H20 chips from NVIDIA to meet the increasing demand for DeepSeek models. This contradicts previous opinions that DeepSeek would decrease the demand for AI chips.

Companies such as Tencent, Alibaba, and ByteDance have significantly increased their orders for H20 chips. These chips are essential for processing the companies’ AI models and providing cloud services to external customers. It is worth noting that H20 chips are specifically sold by NVIDIA in China to comply with export regulations set by the United States.

Reports indicate that organizations outside the direct technology sector, such as healthcare or education, are also purchasing AI servers with DeepSeek models and H20 chips. This marks a significant increase, as these servers were previously mainly sold to telecommunications or financial groups.

Source: Reuters

TLDR: Chinese tech companies are ramping up purchases of H20 chips from NVIDIA to meet the growing demand for DeepSeek models, contradicting previous beliefs about AI chip demand. Other sectors are also increasing their orders for AI servers with DeepSeek models and H20 chips.

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