Key facts
- ByteDance is nearing a deal with MediaTek for semiconductors.
- The chips are intended for ByteDance's data center operations.
ByteDance is reportedly close to finalizing an agreement with MediaTek to supply semiconductors for its data center operations, according to a Bloomberg News report citing people familiar with the matter. Reuters could not immediately verify the report. The potential deal highlights ByteDance's ongoing efforts to secure critical components for its expanding infrastructure.
