ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

In November 2023, the US Department of Commerce implemented the Advanced Computing Chips Rule, which allows Nvidia and others to sell only a less-powerful version of its chip in China. But that ...

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...

The Dow Jones led, the S&P 500 hit record highs and many tech growth leaders among the winners.The Dow Jones Industrial ...

Despite the American government’s efforts to hold back China’s AI industry, two Chinese firms had reduced their American ...

While the new export curbs add some additional potential risk for the company, Nvidia's valuation and overall opportunity remain attractive enough to make the stock a solid buy for investors.

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that ...

This move comes as the Chinese company faces pressure from Washington to sell its ... ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report ...