EconomyEXCLUSIVE: ByteDance, Alibaba and Tencent order more than $35 billion in Nvidia chips

ByteDance, Alibaba and Tencent are rushing to order a less powerful Nvidia chip that complies with export rules, amid US restrictions on trade with China. The orders are worth more than $35 billion.

chip ordersNvidiaChinese tech companies

RReuters★★★☆☆2026-10-20 09:10Original