ByteDance, Alibaba, Tencent place over US$35bil worth of Nvidia chip orders
SAN FRANCISCO: ByteDance, Alibaba and Tencent have ordered more than three million of Nvidia's new RTX PRO 5500 graphics cards with a collective sticker price of over US$35 billion, two people familiar with the matter said, in a rush for a less powerful but export-compliant chip amid US restrictions on trade with China.
ByteDance, Alibaba, and Tencent have placed orders worth over US$35 billion for over three million Nvidia RTX PRO 5500 graphics cards, as Chinese tech firms rush to secure export-compliant hardware amid US restrictions. The RTX PRO 5500 is a workstation chip, less powerful than Nvidia's most advanced AI processors but still one of the most powerful options available to Chinese buyers.
US-based chipmaker Nvidia has warned it cannot guarantee fulfilling the orders due to demand far exceeding planned production, with the company estimating it can produce no more than 3 million RTX PRO 5500 cards globally in 2027. The three Chinese tech giants' orders suggest they still have substantial appetite for Nvidia hardware despite US curbs, highlighting US restrictions' impact on computing power supplies in China as firms race to develop AI models.
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