Technology
Chinese Tech Giants Place Over $35 Billion in Nvidia Chip Orders
The Indian Express1h
THE BRIEF
1
ByteDance, Alibaba, and Tencent have ordered more than 3 million Nvidia RTX PRO 5500 graphics cards valued at over $35 billion.
2
The workstation chips serve as export-compliant alternatives for Chinese buyers amid strict United States trade restrictions.
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Nvidia has indicated it cannot guarantee full fulfillment because global production is capped at 3 million units for 2027 against higher Chinese demand.