Bloomberg reported that Chinese AI and cloud firms, including Alibaba, Tencent and ByteDance, have ordered about 6 million NVIDIA RTX Pro 5500 chips worth about $70 billion, but expect to receive only about 1% of them over the next four months. NVIDIA is prioritizing its most advanced, higher-margin chips amid limited capacity. Analysts still expect NVIDIA's revenue to reach $692 billion in the year ending January 2028, with very little from China. Customers in China and Hong Kong brought in $19.7 billion of the $215.9 billion total in the year ended January 2026. NVIDIA trades at 17x forward earnings, its lowest in three years, and its next report is due Nov. 17.
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NVDAsemiconductorsChinaartificial intelligence
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NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/03/2026 | 206.57 |
| Change that session | +2.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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