ByteDance in Talks to Buy MediaTek AI Chips for Data Centers

ByteDance Ltd. is close to an agreement to buy MediaTek data center semiconductors, securing vital components for TikTok's owner while helping the Taiwanese chipmaker compete with Qualcomm.

• ByteDance is close to a deal to buy MediaTek data center chips
• The deal secures components for TikTok owner's data centers
• MediaTek gains ground against Qualcomm in AI chips