Orders for Nvidia chips by Chinese AI firms reach approximately $70 billion
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View chart & analysis → - 1The total order value to date for approximately 6 million RTX Pro 5500 chips ordered by Chinese AI and cloud companies, including Alibaba, Tencent, and ByteDance, is approximately $70 billion.
- 2The proportion of total ordered chips expected to be received by Chinese AI and cloud companies within the next 4 months is approximately 1%.
- 3An Nvidia spokesperson said that US companies continue to face constraints due to outdated export controls and China's own import restrictions on US products.
So what's the key point?
Chinese artificial intelligence companies have ordered $70 billion worth of Nvidia chips. These large orders have arrived despite export restrictions on US companies.
Source Bloomberg · View original ↗
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