<ul><li>ByteDance, the Chinese tech giant and parent company of TikTok, plans to acquire $7 billion worth of NVIDIA chips in 2025.</li><li>This move demonstrates ByteDance's ambition to solidify its position as a global leader in AI amid US trade restrictions.</li><li>ByteDance plans to store NVIDIA chips in data centers outside of China to circumvent export restrictions.</li><li>The acquisition of NVIDIA chips positions ByteDance to expand its AI efforts and compete with multinational tech behemoths.</li></ul>

ByteDance’s $7 Bn NVIDIA Chip Buy: A Bold Move Amid US Trade Restrictions

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