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Nvidia's China Woes Deepen As TikTok Parent ByteDance Eyes AI Chips From Iluvatar CoreX, Baidu: Report
Benzinga·
ByteDance is in talks with Chinese chipmakers Iluvatar CoreX and Baidu to acquire AI chips, with Iluvatar CoreX projected to deliver 50,000 chips this year. This development reflects how Chinese tech firms are building domestic AI chip alternatives amid U.S. export restrictions on Nvidia, with Chinese GPU manufacturers now claiming nearly 41% of the domestic AI accelerator server market.
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