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Chinese AI and cloud companies including Alibaba, Tencent and ByteDance placed orders over four months for about 6 million RTX Pro 5500 cards worth about $70 billion, Bloomberg reports. They expect to receive about 60,000 in the next four months. Reuters reported last month that the three named companies alone had ordered more than 3 million, above $35 billion. Sources disagree on how much of the 6 million those three account for.
Nvidia has told partners they may get 5% to 10% of what they asked for, and reports say it can make no more than 3 million of the cards worldwide in 2027.
None of the companies has confirmed the size of the orders. A $70 billion order book that clears at 1% says more about China's unmet demand for compute than it does about Nvidia's China revenue.
China's AI companies ordered $70 billion of Nvidia RTX cards and expect 1% of them by March
Chinese AI and cloud companies including Alibaba, Tencent and ByteDance placed orders over four months for about 6 million RTX Pro 5500 cards worth about $70 billion, Bloomberg reports. They expect to receive about 60,000 in the next four months. Reuters reported last month that the three named companies alone had ordered more than 3 million, above $35 billion. Sources disagree on how much of the 6 million those three account for.
Nvidia has told partners they may get 5% to 10% of what they asked for, and reports say it can make no more than 3 million of the cards worldwide in 2027. None of the companies has confirmed the size of the orders. A $70 billion order book that clears at 1% says more about China's unmet demand for compute than it does about Nvidia's China revenue. SourcesBCC
Sources
- BNvidia China clients to get 1% of $70 billion RTX chips ordered (Bloomberg, read via search summaries)bloomberg.com
- CNvidia to fill just 1% of Chinese chip orders (Seoul Economic Daily)en.sedaily.com
- CChinese firms face shortage of Nvidia AI chips (MarketScreener)marketscreener.com
This story ran in the Morning Brief of November 4th 2026.