ByteDance Negotiating Custom Chip Supply with MediaTek for Data Centers
BABA Alibaba Group Holding Ltd ADR
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View chart & analysis → - 1ByteDance is conducting in-depth negotiations with MediaTek for the supply of custom chips for data centers.
- 2ByteDance is considering increasing its capital expenditure this year to $70 billion, more than double last year's total.
- 3MediaTek aims to achieve a 15% market share in next year's $80 billion market.
So what's the key point?
ByteDance is in talks with MediaTek to receive custom components for use in data centers. ByteDance is considering increasing its spending this year to more than twice last year's amount, reaching $70 billion.
Source Bloomberg · View original ↗
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