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ByteDance in talks with MediaTek on custom AI chips as Nvidia access tightens

ByteDance is in late-stage talks with Taiwan\'s MediaTek to secure custom AI chips for data centres, as U.S. export restrictions make it harder to obtain Nvidia\'s top processors. The talks involve application-specific integrated circuits, though no order volume has been set and no contract has been signed. If agreed, ByteDance would become MediaTek\'s second major ASIC customer after Google. ByteDance is also weighing a sharp rise in capital spending this year and has secured a large loan.