Tencent says chip stockpile can power AI training for 'generations' despite US ban

First-quarter results soar past expectations, thanks to AI-enhanced ads and games

20250514 Tencent

Tencent Holdings' first-quarter revenue rose 13% on the year on strong performances from the advertising and gaming businesses, according to the company. (Photo by Itsuro Fujino)

CISSY ZHOU

HONG KONG -- With the U.S. issuing new worldwide restrictions on the use of Huawei Technologies artificial intelligence chips, Chinese tech giant Tencent Holdings said Wednesday that it has enough previously acquired high-end chips to sustain its AI training "for a few more generations" and is exploring ways to boost AI inference efficiency, including through software optimization.

"So it's a very dynamic situation, and we just ... have to manage the situation," Tencent President Martin Lau said on a conference call with analysts. This means not only addressing it "in a completely compliant way," but also "trying to figure out the right solution for us to make sure that our AI strategy ... can still be executed."

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