ByteDance is near an agreement to purchase custom data-center AI chips from MediaTek for its growing infrastructure.
If finalized, ByteDance would become MediaTek's second-largest ASIC customer after Google, helping the company secure key hardware components for its expanding AI infrastructure.
ByteDance is weighing up to $70 billion in capital expenditures for 2026 and potentially $100 billion in 2027. To finance this infrastructure buildout, the company has secured a $30 billion loan.