# Qualcomm Inc. reached a deal with TikTok owner ByteDance Ltd. to supply chips for artificial intelligence data centers.

*semiconductor, genai · news · 2026-05-26 · NDTV Profit*

## Key points

- ByteDance will purchase millions of Qualcomm's AI ASIC chips for its data centers.
- This makes ByteDance one of the first major customers for Qualcomm's AI-specific chips.
- The deal helps ByteDance move its own chip design into full-scale semiconductor production.
- ByteDance increased its AI infrastructure budget by 25% to $29.4 billion this year.
- Qualcomm's AI chip supply can proceed as long as chips remain within US export restrictions.

**Companies:** Qualcomm Inc., ByteDance Ltd.
**Countries:** United States, China

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/business/qualcomm-strikes-ai-chip-deal-with-tiktok-owner-bytedance-11550983)

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