There have been reports that Tencent has recently purchased a large quantity of NVIDIA’s H20 chips, amounting to tens of billions of yuan. However, Tencent has not officially disclosed the details of this purchase.
Prior to this, there have been reports of several Chinese tech companies such as Tencent, Alibaba, and ByteDance increasing their orders of H20 chips to meet the growing demand for AI usage in China. This surge in demand has been fueled by DeepSeek, but specific financial figures have not been publicly disclosed.
The H20 chip is a customized version of NVIDIA’s Hopper architecture, targeted towards customers in China, and is not the latest Blackwell technology.
TLDR: Tencent acquires a substantial amount of NVIDIA’s H20 chips without disclosing official details, amidst the trend of Chinese tech companies increasing orders to support the rise in AI usage in the country.
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