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via thehindubusinessline.comTech & AI

ByteDance, Alibaba and Tencent place over $35 billion of Nvidia chip orders

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Chinese giants ByteDance, Alibaba, and Tencent order over 3 million RTX PRO 5500 GPUs ($35 billion) amid US export curbs and limited Nvidia supply.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishVery large orders for a mega-cap chipmaker amid US export curbs and limited supply.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ByteDance, Alibaba and Tencent order over 3 million RTX PRO 5500 GPUs.
  2. 02The total value of the orders is $35 billion.
  3. 03The orders come amid US export curbs and limited Nvidia supply.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock217.09 USDMarket closedtoday +1.38%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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