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China Firms Order $35 Billion in Nvidia Chips, Reuters Says (1)

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Tencent Holdings Ltd., Alibaba Group Holding Ltd. and ByteDance Ltd. have ordered more than 3 million new Nvidia Corp. graphics cards, Reuters reported, citing people familiar with the matter.

The new RTX Pro 5500 chips from Nvidia have a total sticker price of more than $35 billion, Reuters said. Nvidia told customers and partners it cannot guarantee that it can fill the orders, according to the report. ByteDance, Alibaba and Tencent didn’t respond to Reuters’ requests for comment.

Washington bars Nvidia’s most powerful accelerators from China, concerned they would propel the country’s AI efforts and aid the military of …

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