NVIDIA: The 2.5B USD Deal With TikTok’s Owner Could Be a New Catalyst for Stock Growth – R Blog – RoboForex
TikTok’s parent company ByteDance is set to gain access to NVIDIA‘s flagship AI chips worth over 2.5 billion USD through data centers in Malaysia. The deal signals that the Chinese market is not lost for NVIDIA — China will continue accessing cutting-edge technology through third-party routes. In Brief Chinese demand for NVIDIA chips persists despite…