ByteDance, Alibaba and Tencent order over $35B in Nvidia AI chips

ByteDance, Alibaba, and Tencent have ordered more than 3 million Nvidia RTX PRO 5500 graphics cards, with a combined sticker price exceeding $35 billion. Reported by Reuters, these massive orders underscore the complex relationship between global supply constraints and geopolitical trade policies. While the Chinese tech giants have committed to these significant purchases, Nvidia has informed its partners and customers that it cannot guarantee the delivery of these specific AI chips amidst current trade restrictions.