ByteDance Could Buy 1 Million Nvidia GPUs — But Don't Bank on It Yet

The artificial intelligence (AI) race increasingly has two parallel problems: Companies can't get enough computing power, while governments are deciding who should be allowed to buy it. Nowhere is that tension greater than in China.

U.S. export controls have restricted sales of advanced AI processors, while Beijing has pushed domestic companies toward homegrown alternatives. Yet China's appetite for AI compute keeps expanding faster than local manufacturers can supply it. That imbalance could crack open a door that seemed firmly shut — and Nvidia (NVDA) may be preparing to walk through it.