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Chinese Tech Firms Order $35 Billion Nvidia GPUs

Reuters reported on Oct. 20 (local time), citing three sources who requested anonymity, that three major Chinese technology companies, including ByteDance, Alibaba, and Tencent, have ordered more than…

  • ByteDance, Alibaba, and Tencent order >3M Nvidia RTX PRO 5500 GPUs for $35B.
  • RTX PRO 5500 is most powerful legally purchasable GPU in China, bypassing US export controls.
  • Nvidia CEO Jensen Huang says company's China AI data center market share drops to zero.

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