Choose Rich Live
Tech

Chinese tech giants to receive roughly 1% of $70 billion Nvidia RTX chip orders

Chinese artificial intelligence companies including Alibaba, Tencent, and ByteDance ordered 6 million Nvidia RTX Pro 5500 chips valued at $70 billion, but expect to receive only around 1% of the orders within four months.

Chinese artificial intelligence developers are set to receive only a tiny fraction of the advanced Nvidia Corp. hardware they have requested, according to a Bloomberg report. Tech giants Alibaba, Tencent, and ByteDance, alongside other domestic AI firms, placed orders for 6 million Nvidia RTX Pro 5500 chips valued at approximately $70 billion, but currently anticipate receiving only about 1% of those shipments within four months.[1][3][2]

Bloomberg reported that the small delivery volume comes as Nvidia struggles to ramp up production quickly enough to satisfy surging global demand. Trade publication Crypto Briefing noted that the limited allocation to Chinese clients underscores the dual pressures of severe manufacturing constraints and export controls affecting international access to AI hardware.[4][5]

Key facts

  • Chinese AI companies ordered 6 million Nvidia RTX Pro 5500 chips valued at $70 billion.
  • Alibaba, Tencent, and ByteDance are among the major Chinese firms that placed the chip orders.
  • Buyers in China expect to receive roughly 1% of the ordered Nvidia chips within four months.
  • Bloomberg reported that Nvidia is struggling to increase production output to keep pace with soaring demand.
  • Crypto Briefing highlighted production constraints and export controls as factors restricting AI hardware supply to China.

Sources · 5 sources

  1. TE

    Techmeme@TechmemePost on X ·

    Sources: Alibaba, Tencent, ByteDance, and other Chinese AI companies ordered 6M Nvidia RTX Pro 5500 chips worth $70B, but expect only ~1% within four months (Bloomberg) (Visit Techmeme dot com for the link and full context!)

    Open source
  2. WS

    Wall St Engine@wallstenginePost on X ·

    NVIDIA $NVDA CHINA 🇨🇳 CLIENTS TO GET 1% OF $70 BILLION RTX CHIP ORDERED: BBG

    Open source
  3. TE

    TechmemeArticle ·

    Sources: Alibaba, Tencent, ByteDance, and other Chinese AI companies ordered 6M Nvidia RTX Pro 5500 chips worth $70B, but expect only ~1% within four months (Bloomberg) Bloomberg : Sources: Alibaba, Tencent, ByteDance, and other Chinese AI companies ordered 6M Nvidia RTX Pro 5500 chips worth $70B, but expect only ~1% within four months — Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they've ordered over the next several months …

    Open source
  4. CB

    Crypto BriefingArticle ·

    Nvidia allocates 1% of $70B RTX chip order to China clients Nvidia's limited allocation to China highlights the impact of production constraints and export controls on global AI hardware access. The post Nvidia allocates 1% of $70B RTX chip order to China clients appeared first on Crypto Briefing .

    Open source
  5. BL

    Bloomberg@businessPost on X ·

    Chinese AI developers expect to receive just a small fraction of the advanced Nvidia chips they’ve ordered over the next several months, as the US company struggles to boost production to meet soaring demand. https://t.co/LWmk2bxaU5

    Open source