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ByteDance reportedly to increase 2026 capex with major focus on AI chips

Ollie Chang, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: AFP

ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip processors, according to sources cited by the Financial...

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