Tencent confirmed stockpiling AI chips ahead of tightened US export controls on China, Nikkei reports: President Martin Lau said, "…we have a strong stockpile of chips that we acquired previously…very useful for executing our AI strategy." Nikkei previously reported tech giants like ByteDance, Alibaba and Tencent, had all stockpiled billions worth of Nvidia H20 chips. $NVIDIA(NVDA.US) $Alibaba(BABA.US) $Tencent(TCEHY.US) #semiconductors #semiconductor
Source: Dan Nystedt
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