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via finance.yahoo.comTech & AI

Chinese firms face Nvidia AI chip shortage despite 6 million orders

FROM THE WIRE · FINANCE.YAHOO.COM

Alibaba (BABA), Tencent and ByteDance have ordered about 6 million Nvidia (NVDA) RTX Pro 5500 chips Keep reading this article with Yahoo Finance Plus Silver Upgrade to Silver Silver Premium news Full access to Financial Times and MT Newswires articles Stock picks Expert picks…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA shortage of AI chips for major Chinese firms could weigh on Nvidia demand in China.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alibaba, Tencent and ByteDance have ordered about 6 million Nvidia RTX Pro 5500 chips.
  2. 02The article reports a supply shortage despite the large order volume.
  3. 03The text is an excerpt, with the full article reserved for subscribers.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock206.69 USDMarket closedtoday +2.29%Negative Alibaba Group Holding LimitedBABAStock100.36 USDMarket closedtoday -1.12%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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