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Stock impact report

Exclusive-Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say [Yahoo! Finance]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Yahoo! Finance
model that runs on the Shenzhen-based tech firm's chips, with major Chinese internet firms rushing to secure orders, three people familiar with the matter said. China's biggest internet firms ?including ByteDance, Tencent and Alibaba are reaching out to Huawei about new chip orders, said the sources, who are familiar with the procurement discussions. Companies specializing ?in cloud computing and graphics processing unit (GPU) rental services are also scrambling to place orders, two of the sources added, without providing the names of the firms. While the 950PR significantly outperforms Nvidia 's H20 chip - the most ?powerful chip Nvidia was permitted to sell in China until Beijing blocked its import last year - it still trails the American firm's H200, a more advanced processor that has been caught up in regulatory limbo. Despite U.S. and Chinese approvals for exports, the H200 has yet to be shipped to China as Beijing and Washington remain at odds over the conditions governi Show less Read more
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