Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence chip due to booming demand for DeepSeek's low-cost AI models, six people familiar with the matter said.

Chinese tech giants Tencent, Alibaba, and ByteDance have ramped up orders for Nvidia's H20 AI chips, driven by the rising adoption of DeepSeek's cost-efficient AI models, reinforcing Nvidia's dominance in China despite U.

Chinese technology companies are significantly increasing orders for Nvidia’s H20 artificial intelligence chip, driven by the rising demand for DeepSeek’s low-cost AI models. The surge highlights Nvidia’s continued dominance in the AI chip market and counters concerns that DeepSeek’s efficiency-focused models could lead to a slowdown in chip demand.

Chinese companies are ramping up orders for Nvidia's 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,

Surge in orders underlines Nvidia's dominance of the market and could help alleviate concerns that DeepSeek might cause a slide in AI chip demand

Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the technology after low-cost AI models from China's DeepSeek rattled the industry.

Chinese companies are increasingly placing more orders for Nvidia's (NASDAQ:NVDA) H20 artificial intelligence chip amid rising demand for DeepSeek's (DEEPSEEK) low-cost AI models, Reuters reported on Tuesday citing people familiar with the matter.

Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global attention.