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Chinese companies stockpiled billions of dollars worth of Nvidia H20 GPUs prior to recent ban

By Yahoo! Finance   |   3 weeks ago
Chinese companies stockpiled billions of dollars worth of Nvidia H20 GPUs prior to recent ban

China's top tech companies stockpiled billions of dollars worth of Nvidia H20 GPUs before U.S. export restrictions took effect. Tencent, Alibaba, and ByteDance aimed to secure a year's supply due to high demand for computing power.

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