TikTok owner ByteDance and Broadcom are developing an advanced AI chip, sources say

The move would help ByteDance secure a sufficient supply of high-end chips.

China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.