✉news TechnologySemiconductors first seen 4 d ago, last 4 d ago, peak #18
ByteDance nears chip supply deal with MediaTek, Bloomberg reports
Original: ByteDance nears chip supply deal with MediaTek for data centres, Bloomberg News reports
ByteDance, the Chinese owner of TikTok, is close to agreeing a chip supply deal with Taiwan's MediaTek to power its data centres, according to Bloomberg News. The arrangement would help the company secure processors for its expanding AI and cloud infrastructure despite US export restrictions on advanced chips to China.
Why now: It highlights how major Chinese tech firms are working around US chip export curbs by sourcing from Taiwanese suppliers.
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