Qualcomm · Nvidia · TikTok · China · Crypto Briefing
ByteDance reportedly in talks to buy MediaTek AI chips for data centers
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The TikTok parent's hunt for alternatives to restricted Nvidia GPUs may now include MediaTek, though no deal has been confirmed.
Key facts
- MediaTek has set a target of $2 billion in AI ASIC revenue for 2026, backed by a dedicated AI data center of its own powered by Nvidia Blackwell chips
- In August or September 2026, Nvidia invested $3.5 billion in MediaTek to deepen their collaboration on AI chip technology
- In June 2026, ByteDance was in talks for 50,000 AI chips from Chinese vendor Iluvatar CoreX, mainly to support its Doubao AI assistant
- In May 2026, Qualcomm was reported to have signed a deal with ByteDance for millions of ASICs aimed at AI workloads
Summary
ByteDance is reportedly negotiating to buy AI chips from MediaTek for use in its data centers. The TikTok parent has been actively diversifying where its AI chips come from. In June 2026, ByteDance was in talks for 50,000 AI chips from Chinese vendor Iluvatar CoreX, mainly to support its Doubao AI assistant. In May 2026, Qualcomm was reported to have signed a deal with ByteDance for millions of ASICs aimed at AI workloads.