Chinese companies stockpiled billions of dollars worth of Nvidia H20 GPUs prior to recent ban
China’s top three internet companies reportedly stockpiled billions of dollars worth of Nvidia H20 GPUs before the U.S. export restrictions went into effect in April.Nikkei Asiareports that ByteDance, Alibaba, and Tencent anticipated the likelihood of an export ban on theChina-specific H20last year, and have since been snapping up as many H20 GPUs as they can get their hands on.The three companies have reportedly accumulated around 1 million H20s — or about a full year’s supply....