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Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
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Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
Apr 2, 2025 6:46 AM

(Reuters) - Chinese companies including ByteDance, Alibaba Group ( BABA ) and Tencent Holdings ( TCTZF ) have placed at least $16 billion in orders for Nvidia's ( NVDA ) H20 server chips in the first three months of the year, the Information reported on Wednesday, citing two people with direct knowledge of the transactions.

(Reporting by Priyanka.G in Bengaluru; Editing by Anil D'Silva)

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