ByteDance, Alibaba, Tencent stockpiled Nvidia's AI chips before US curbs

ByteDance, Alibaba, Tencent stockpiled Nvidia's AI chips before US curbs

FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

China’s top internet companies have stockpiled billions of dollars’ worth of Nvidia’s H20 artificial intelligence chips this year before the US cut off shipments of the components in April, Nikkei Asia has learned.

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