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Major Chinese Tech Giants Order Over $35 Billion in Nvidia Chips Amid Rising AI Demand

Major Chinese Tech Giants Order Over $35 Billion in Nvidia Chips Amid Rising AI Demand

ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders

ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia's new RTX PRO 5500 graphics cards with a collective sticker price of over $35 billion, two people familiar with the matter...

ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders

US-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese technology companies far exceeds planned production, the two...

ByteDance, Alibaba, and Tencent order NVIDIA chips worth over $35B
ByteDance, Alibaba, and Tencent order NVIDIA chips worth over $35B

ByteDance, Alibaba, and Tencent have collectively placed over $35 billion in orders for Nvidia chips, but the US-based chipmaker warns it may not meet the overwhelming demand.

ByteDance, Alibaba and Tencent order $35bn of Nvidia chips, Reuters reports
ByteDance, Alibaba and Tencent order $35bn of Nvidia chips, Reuters reports

ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia’s RTX PRO 5500 graphics cards. Their combined sticker price is over $35bn. Reuters reported the orders on Tuesday, citing...

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