Tencent says it has ample chips for AI training amid reported purchase halt

Q2 sales greatly beat expectations as AI continues to power ads and games

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Tencent says it has a strong stockpile of chips for continuous AI training and model upgrades amid reports that Beijing has told it to stop buying Nvidia chips over security concerns.  © Reuters

CISSY ZHOU

HONG KONG -- Chinese tech giant Tencent Holdings said Wednesday it has a sufficient stockpile of chips for both AI training and model upgrades following reports that Beijing recently summoned Tencent and other firms to discuss alleged risks linked to Nvidia's H20 chips and advised against using them in sensitive projects.

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