ByteDance, Alibaba and Tencent have reportedly ordered more than 35 billion USD worth of NVIDIA's RTX PRO 5500 chips, a less powerful model that complies with US export rules. Export-control expert Chris McGuire says Chinese firms can still legally rent US-made AI compute from data centers abroad or in the US. The article suggests NVIDIA probably won't pursue this rental demand, since it cannot produce enough chips and its guidance excludes China data center revenue. The risk is that no one has measured how much Chinese demand already reaches NVIDIA through rentals, and the House has passed a bill that would bring chip rentals under export controls. NVIDIA's next earnings report is due November 17.
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 210.96 |
| Change that session | -0.59% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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