Business · Companies · 7 hrs ago

ByteDance, Alibaba and Tencent order more than $35 billion in Nvidia GPUs

ByteDance, Alibaba and Tencent order more than $35 billion in Nvidia GPUs

ByteDance, Alibaba and Tencent ordered Nvidia workstation GPUs for their technology businesses in China.

The orders reportedly cover more than 3 million RTX Pro 5500 GPUs and are worth over $35 billion.

The RTX Pro 5500 is a workstation graphics card, and it complies with US export restrictions on AI-capable GPUs sent to China.

The companies are seeking the chips to support their artificial intelligence ambitions.

The scale of the orders is far beyond Nvidia’s planned production of this card.

Nvidia has told customers it cannot fill the orders as planned, and no further steps or timeline are given.

3 sources

Related