Qualcomm Inc. reached a deal with TikTok owner ByteDance Ltd. to supply chips for artificial intelligence data centers, according to people familiar with the matter, marking a key win for a company trying to expand from smartphone processors into AI infrastructure.
ByteDance is set to procure millions of Qualcomm chips known as application-specific integrated circuits, which will help support the social media company’s AI agent software, said the people, who asked not to be identified because the discussions are private.
