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

NewsFeeds update

ByteDance, Alibaba and Tencent have ordered more than 3m Nvidia RTX PRO 5500 cards at about $11,400 each, worth over $35bn, Reuters reported on 20 Oct. Nvidia has told partners it may fill only 5-10% of orders because demand exceeds capacity, a person familiar said.

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The story so far: Nvidia China RTX chip orders

ByteDance, Alibaba and Tencent ordered over $35bn of Nvidia RTX PRO 5500 cards, with Nvidia warning it may fill only 5-10% of orders. Chinese buyers of $70bn of RTX chips now expect to receive just 1% in the coming months as Nvidia works to lift output.

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

  2. Nvidia's China customers expected to get 1% of RTX chip orders

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