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Nvidia China Clients to Get 1% of $70 Billion RTX Chips Ordered

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EXCLUSIVE AI Nvidia China Clients to Get 1% of $70 Billion RTX Chips Ordered Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they’ve ordered over the next several months, as the US company struggles to boost production to meet soaring demand. Alibaba Group Holding Ltd., Tencent Holdings Ltd., ByteDance Ltd. and other Chinese AI and cloud firms have in total ordered about 6 million of Nvidia’s RTX Pro 5500 chips, according to people familiar...

EXCLUSIVE AI Nvidia China Clients to Get 1% of $70 Billion RTX Chips Ordered Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they’ve ordered over the next several months, as the US company struggles to boost production to meet soaring demand. Alibaba Group Holding Ltd., Tencent Holdings Ltd., ByteDance Ltd. and other Chinese AI and cloud firms have in total ordered about 6 million of Nvidia’s RTX Pro 5500 chips, according to people familiar with the matter. Yet the companies predict they will get only some tens of thousands, or roughly 1%, within the next four months, said the people, asking not to be named discussing a private matter.
Nvidia China Clients to (ORG) Chinese (ORG) Nvidia Corp. (ORG) US (LOCATION) Alibaba Group Holding Ltd. (ORG) Tencent Holdings Ltd. (ORG) ByteDance Ltd. (ORG) Chinese AI (ORG) Nvidia (ORG)
Originally published by Bloomberg Technology Read original →