ByteDance, the Chinese tech giant, has reportedly refuted claims of developing its own AI semiconductors, saying that it has no plans to replace NVIDIA. ByteDance Isn't "Ditching" NVIDIA Too Quickly For Now, But The Firm Has Semiconductor Independence In Long Term Goals For those unaware, ByteDance was reported to have contacted the Taiwan semiconductor giant TSMC in an attempt to develop two in-house AI chips based on the foundry's 5nm process. This move by ByteDance was rumored to have been planned to reduce the firm's reliance on NVIDIA and their AI chips, given that the firm has accumulated massive amounts […]
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