ByteDance, Alibaba and Tencent Place $35 Billion Nvidia AI Chip Orders as China Faces GPU Shortage
ByteDance, Alibaba and Tencent have placed orders worth more than $35 billion for Nvidia’s RTX PRO 5500 graphics cards, highlighting China’s growing demand for artificial intelligence computing infrastructure despite US semiconductor export restrictions. The three Chinese technology companies have collectively ordered more than 3 million Nvidia RTX PRO 5500 GPUs, priced at approximately $11,400 each.
Read the full report on Infotech Lead
Story file
- Section
- Tech
- Topics
- AI & gadgets
- First reported by
- Infotech Lead
- Reporter
- rajani baburajan
- Published
- Tuesday, 20 October 2026, 9:25 pm IST
- Coverage
- One outlet so far
How this page works. The Headline Update lists this report from Infotech Lead with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.
