Nvidia unable to guarantee supply as China orders for RTX PRO 5500 exceed $35 billion
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View chart & analysis → - 1Nvidia (NVDA) informed customers that it cannot guarantee fulfillment of RTX PRO 5500 orders as demand from Chinese tech companies exceeds planned production capacity.
- 2ByteDance, Alibaba Group, and Tencent ordered over 3 million cards totaling more than $35 billion, with a unit price of approximately $11,400.
- 3Partners were told they can only receive 5% to 10% of requested quantities, and global production through 2027 is expected to be at most 3 million units.
So what's the key point?
Nvidia notified that it cannot produce all the graphics cards ordered by Chinese companies. Partners were informed they can only receive between 5% and 10% of the amounts they requested.
Source Investing.com +1 · View original ↗
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