Tencent Stockpiled Nvidia Chips Now Looking for Chinese Alternatives

Tencent strategically amassed a significant inventory of AI chips, including Nvidia's H800, ahead of US export restrictions.

Actively scouting new suppliers within China, Tencent responds to the US-China semiconductor feud.

 The US-China dispute escalates over advanced semiconductors, with Washington's recent restrictions tightening export controls.

Tencent expresses concerns about the potential impact of the US export ban on reselling components.

Tencent's AI bot "Hunyuan" launched in September alongside strong financial results, boasting a 10% revenue increase and a 39% profit surge for the quarter ending September.