ByteDance, Alibaba, and Tencent Reportedly Order Over $35 Billion in Nvidia Chips

Citing two people familiar with the matter, foreign media reported that ByteDance, Alibaba, and Tencent have ordered more than 3 million of Nvidia's new RTX PRO 5500 graphics cards at a unit price of about $11,400, for a total value exceeding $35 billion. The sources said Nvidia has told partners that its supply will be only 5% to 10% of customer demand. The total number of orders from Chinese customers is said to exceed 6 million units, while Nvidia's global production of RTX PRO 5500 graphics cards in 2027 will not exceed 3 million units. Chinese companies reportedly placed the large-scale orders because the United States has imposed restriction on the export of advanced semiconductors to China. RTX PRO 5500 is a workstation GPU for high-performance professional computers. Although its performance is lower than that of the most advanced AI semiconductors used in large data centers, the product complies with U.S. export control standards. Nvidia plans to provide the first batch of RTX PRO 5500 samples in December this year and begin delivering commercial products in Q1 2027, the report said.