Nvidia's Chinese customers face a 99% chip shortfall over the coming months
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Nvidia Corp. (NVDA, Financials) is facing a huge delivery gap as big Chinese technology businesses are likely to get only a tiny fraction of their orders for advanced chips over the next several months.Chinese artificial intelligence…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDeliveries far below orders in a key market weigh on Nvidia's revenue expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Alibaba, Tencent and ByteDance have reportedly bought almost 6 million RTX Pro 5500 processors.
- 02The firms expect deliveries of tens of thousands of chips over the next four months.
- 03Nvidia is struggling to ramp up manufacturing fast enough to meet demand.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA Corporation203.36 USD-0.01%today -1.61%Negative Alibaba Group Holding Limited106.51 USD-0.38%today +6.13%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets