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Chinese tech firms secured $12B in NVIDIA chip preorders before US sanctions, stocking up amid AI race.
Chinese tech giants Alibaba, Tencent, and ByteDance secured $12 billion worth of preorders for NVIDIA's H20 chips before the US imposed sanctions, allowing China to stockpile significant chip supplies.
This move highlights China's heavy reliance on foreign semiconductors, having imported $385 billion worth in 2024, and underscores efforts to diversify suppliers and develop domestic AI hardware.
Despite sanctions, analysts believe China's AI momentum will continue, with tech firms adopting various strategies to maintain their competitive edge.
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Las firmas tecnológicas chinas obtuvieron $ 12B en pedidos anticipados de chips NVIDIA antes de las sanciones de los Estados Unidos, abasteciéndose en medio de la carrera de IA.