ByteDance Plans up to $70B AI Capex, Orders Millions of Qualcomm Chips
QCOM•QCOM•QCOM•QCOM•ByteDance plans capital expenditures of 400–500 billion yuan ($59–70 billion) this year—more than double last year’s 200 billion yuan—and could boost spending to $100 billion in 2027, funded by roughly $50 billion in 2025 profits. The company struck a deal to purchase millions of Qualcomm chips for agentic AI services, potentially boosting revenue.
ByteDance is considering capital expenditures of 400–500 billion yuan ($59–70 billion) in 2026, more than double last year’s 200 billion yuan ($25 billion). It may expand spending to roughly $100 billion in 2027 if economic conditions remain favorable, with most funding drawn from the $50 billion in profit earned in 2025.
As part of its AI infrastructure expansion, ByteDance struck a deal to purchase millions of Qualcomm chips to power agentic AI services. This agreement could create a significant new revenue stream for Qualcomm as data-center and AI demand grows in China.
