ByteDance Funnels Three-Quarters of Nscale's Revenue Through Norway GPU Hub
Source: Financial Times (paywall)
ByteDance is using Nscale, a Norwegian chip distributor, to access Nvidia GPUs while sidestepping US export controls. The arrangement exposes weaknesses in America's semiconductor containment policy against China: economic gains flow to a private Norwegian firm rather than US chip manufacturers, while geopolitical risk concentrates in a single jurisdiction. ByteDance represents 75% of Nscale's business, creating a single point of failure if Norway tightens export rules or the US extends restrictions to allied distribution channels.