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flag Chinese tech giants increase orders for Nvidia's H20 AI chips, driven by demand for cost-effective AI models.

flag Chinese tech giants Tencent, Alibaba, and ByteDance have boosted orders for Nvidia's H20 AI chips due to the rising popularity of DeepSeek's cost-effective AI models. flag This surge highlights Nvidia's market leadership and could ease concerns over a drop in AI chip demand. flag Despite potential U.S. export restrictions, Nvidia's H20 chips remain in high demand, especially in sectors like cloud computing and healthcare.

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