Nvidia secures $35B in orders for new export-compliant GPU from Chinese tech giants: report
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- Sources: ByteDance, Alibaba, and Tencent ordered 3M+ of Nvidia's new RTX PRO 5500 GPUs worth $35B+, in a rush to secure less powerful, export-compliant chips (Reuters) reuters.com
- Alibaba, Tencent, and Huawei are pouring billions into data centers in Shaoguan, a hinterland region with cheap power and a cool climate, angering some locals (Financial Times) ft.com
- SWI will invest 500 million in Nvidia chips for a data center in Madrid expansion.com
- ByteDance, Alibaba, Tencent place over US$35 billion worth of Nvidia chip orders businesstimes.com.sg