<ul><li>Chinese big tech companies, such as ByteDance, Alibaba, and Tencent, have collectively placed orders worth $16 billion for NVIDIA’s H20 GPUs.</li><li>Increased demand is driven by the thriving AI ecosystem in China, with major players developing high-performance models.</li><li>Export restrictions imposed by the US government make it challenging for NVIDIA to export GPUs to China.</li><li>NVIDIA generated $17 billion in sales from China, accounting for 13% of its total revenue.</li></ul>

Chinese Firms Including ByteDance, Alibaba Place $16 Bn NVIDIA GPU Orders: Reports

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