Dec. 20, 2024
ByteDance and Tencent Lead NVIDIA GPU Purchases in 2024
TMTPOST -- ByteDance and Tencent have emerged as leading purchasers of Nvidia Hopper chips in 2024, trailing just behind Microsoft, according to Omedia. Each company reportedly procured approximately 230,000 units of NVIDIA’s H100 and H200 GPU compute cards, based on the Hopper architecture, surpassing major U.S. tech players like Meta, Amazon, and Google. Microsoft topped the list with around 485,000 GPUs purchased this year, more than triple its 2022 procurement volume of the same generation NVIDIA processors. ByteDance and Tencent tied for second place, highlighting the growing demand for advanced AI hardware among Chinese tech firms. The substantial GPU investments underline ByteDance's and Tencent's intensifying focus on artificial intelligence applications and cloud computing infrastructure, as well as their strategic emphasis on staying competitive in an AI-driven digital economy. NVIDIA’s GPUs are considered essential for powering machine learning workloads and large-scale AI model training, making them highly sought-after by global tech companies.
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