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

NewsFeeds update

Chinese AI developers expect to receive only a small fraction of the advanced Nvidia chips they ordered in the coming months, with buyers of $70bn of RTX chips expected to get just 1%, as Nvidia works to lift output.

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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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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.