ByteDance has been known to work with US chip producer Broadcom, and started seriously hiring chip specialists in 2022.
The new chips are set to be produced with Samsung in a deal that includes memory chips, which definitely sweetens the deal.
Production is advanced enough that Reuters’ sources say engineering samples are due by late March, which is the last stage before production.
A spokesperson for the company does not deny the report outright, but claims the information is «inaccurate,» Reuters writes.
Most US frontier labs are developing their own chips, as is Alibaba and Baidu.
Read the scoop at Reuters.