According to a Reuters report from October 20, ByteDance, Alibaba and Tencent have together placed orders for over 3 million export-compliant NVIDIA workstation GPUs, with a combined list price above $35 billion, which the article says is double the global production cap. Total Chinese orders for the RTX PRO 5500 have exceeded 6 million units, a potential market value of over $70 billion, yet NVIDIA has told partners it can fulfill only 5-10% of requested volume. The global production cap for the RTX PRO 5500 is 3 million units for 2027, so even diverting all global output to China would fall short. The Blackwell-based card has 21,760 CUDA cores and 84GB of GDDR7 memory, and its export compliance lets it serve as a legal high-performance compute option in China. The article argues that silicon has become the primary point of control in the AI race, so deploying large-scale models increasingly depends on hardware procurement.
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NVDAsemiconductorsChinaexportsartificial intelligence
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NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/22/2026 | 212.28 |
| Change that session | -4.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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