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VisitByteDance Collaborates with Broadcom to Develop 5nm AI Chip Manufactured by TSMC
Jun 24, 2024, 10:11 AM
China's ByteDance is collaborating with U.S. chip designer Broadcom to develop an advanced AI processor. The 5nm ASIC chip, which will comply with U.S. export restrictions, is set to be manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC). This partnership aims to secure a sufficient supply of high-end chips for ByteDance amid ongoing U.S.-Sino tensions. The project is expected to enhance the technological capabilities of ByteDance, the owner of TikTok, sources say.
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Markets
No • 50%
Yes • 50%
Official announcements from ByteDance or Broadcom, industry reports
No • 50%
Yes • 50%
Official regulatory filings, announcements from ByteDance or U.S. authorities
No • 50%
Yes • 50%
Official announcements from TSMC, ByteDance, Broadcom, or credible news sources
Revenue decreases • 33%
Revenue increases significantly • 33%
Revenue remains stable • 33%
Broadcom's financial reports, industry analysis
Collaboration is heavily restricted or halted • 33%
Collaboration continues unaffected • 33%
Collaboration faces moderate restrictions • 33%
Policy announcements, official government statements
ByteDance becomes a leader in AI chips • 33%
ByteDance lags behind competitors • 33%
ByteDance maintains parity with competitors • 33%
Market analysis reports, financial performance metrics from ByteDance and its competitors