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ByteDance’s GPU procurement budget reportedly rose to CNY 230bln (from CNY 160bln), while its CPU budget increased to CNY 100bln (from CNY 70bln), according to Macro Lin

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Overseas procurement is put at about CNY 120bln, with domestic purchases covering Cambricon, Huawei Ascend and in-house chips. Cambricon, VeriSilicon and Samsung’s foundry supply chain are seen as key beneficiaries.

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