TechBloomberg55m ago
ByteDance is in advanced talks
Sources: ByteDance is in advanced talks to buy data center ASICs from MediaTek, potentially becoming its second major customer for such chips after Google
TL;DRByteDance is buying MediaTek chips for its data centers.
Why it matters: Shows how U.S. chip restrictions force Chinese tech giants toward alternative suppliers, reshaping semiconductor markets.
ByteDance Ltd. is close to an agreement to buy MediaTek Inc. data center semiconductors, a deal that would secure vital components …
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