Despite US restrictions: Massive Chinese orders for Nvidia's AI chips

Chinese companies ByteDance, Alibaba, and Tencent have placed orders for over 3 million Nvidia graphics cards worth more than $35 billion, despite US restrictions on technology exports. Reuters reported sources saying the orders focus on "RTX Pro 5500" cards, and Nvidia informed clients it cannot guarantee fulfilling all orders.

Chinese companies ByteDance, Alibaba, and Tencent have placed orders for over 3 million graphics processing units from US-based Nvidia, worth more than $35 billion, despite US restrictions on exporting advanced technology to China. Reuters reported from informed sources that the orders focus on "RTX Pro 5500" cards, designed for advanced workstations, which provide capabilities for processing AI applications but are less powerful than more advanced data center chips. Nvidia informed its clients and partners that it cannot guarantee fulfilling all orders, as the volume of Chinese demand has exceeded its planned production capacity. The three Chinese companies did not respond to requests for comment, while Nvidia criticized US and Chinese restrictions that limit sales of American companies. The orders reflect the scale of Chinese tech companies' interest in obtaining additional computing capabilities, but they do not mean deals at the mentioned value have been completed or chips have actually been delivered, as the figures are based on sources cited by Reuters and not on official financial announcements.