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TENCENT Indirectly Acquires Nvidia's New-Gen AI GPU Through 'GPU Rental': Report
TENCENT (00700.HK) is indirectly acquiring Nvidia (NVDA.US)'s new-generation AI GPU through a "GPU rental" model, according to a report from the Financial Times.Inste...
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TENCENT (00700.HK)  -1.000 (-0.167%)    Short selling $516.74M; Ratio 7.960%   is indirectly acquiring Nvidia (NVDA.US)      's new-generation AI GPU through a "GPU rental" model, according to a report from the Financial Times.

Instead of directly purchasing the restricted chips, TENCENT is renting computing resources equipped with Nvidia B200 chips from Japanese cloud service provider Datasection, with the contract amount of over USD1.2 billion.

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The report cited insiders as disclosing that Datasection has acquired around 15,000 Nvidia Blackwell architecture processors and arranged through third parties for TENCENT to use a significant proportion of the computing power. Since GPU rental is not explicitly included in current US export control restrictions, it remains a legal operation that is compliant yet sensitive.

Insiders also said TENCENT, BABA-W (09988.HK)  -1.700 (-1.176%)    Short selling $788.77M; Ratio 15.498%   , and ByteDance are training AI models overseas and selling computing power to other companies.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-12-31 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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