Amidst swirling rumors, ByteDance has firmly denied initiating any purchase of NVIDIA's H20 chips, countering recent claims that surfaced after NVIDIA confirmed the resumption of H20 sales to China. On July 16, reports indicated that both Tencent and ByteDance were advancing procurement efforts for these semiconductors, yet ByteDance's official response clarified that no applications have been filed, deeming the reports inaccurate. Meanwhile, Tencent remains silent on the matter, with no comment issued to date. This development follows NVIDIA's strategic move to re-enter the Chinese market with its AI-focused H20 chips, sparking industry-wide speculation about major tech firms' supply chain activities.
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