Nvidia's H20 Chip Orders Jump As Chinese Firms Adopt DeepSeek's AI Models, Sources Say
EXCLUSIVE -Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models, sources say Alibaba, ByteDance, Tencent have boosted H20 purchases, sources saySmaller firms now buying servers with AI computing systems, source saysTrump administration considering new H20 export controls, sources have saidBy Fanny Potkin and Che Pan. SINGAPORE/BEIJING, Feb 25 - Chinese companies are ramping up orders for Nvidia's NVDA.O H20 artificial intelligence chip due to booming demand for DeepSeek's low-cost AI models, six people familiar with the matter said.The surge in orders, which is being reported for the first time by Reuters, underlines Nvidia's dominance of the market and could help alleviate concerns that DeepSeek might cause a slide in AI chip demand.Tencent 0700.HK, Alibaba 9988.HK and ByteDance have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI startup burst into the global public consciousness last mon