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via finance.yahoo.comTech & AI

Alibaba and Tencent face a sharp Nvidia chip shortfall despite millions of orders

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Chinese AI developers are facing a gap between planned chip purchases and available supply, with buyers expecting to receive only about 1% of the Nvidia (NVDA) processors they have ordered over the next four months, according to a…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA supply gap in AI chips for major Chinese players could weigh on growth expectations across the semiconductor sector.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock201.07 USD-1.24%today -2.72%Negative Alibaba Group Holding LimitedBABAStock105.54 USD-0.60%today +5.16%Negative Tencent Holdings LimitedTCEHYStock52.43 USD-0.22%today +3.99%Negative Tencent Holdings Limited0700.HKStock401.60 HKDMarket closedtoday +1.11%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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