Chinese tech giants are buying Nvidia gaming chips for AI. Here's why.

ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia's new RTX PRO 5500 graphics cards, valued at over $35 billion, two sources said, in a rush for a less powerful but export-compliant chip amid US restrictions on trade with China.

#News #Reuters #Newsfeed #china #unitedstates #nvidia #bytedance #alibaba #tencent #artificialintelligence #aichips

Read the story here: https://reut.rs/47xgPdR

👉 Subscribe: https://reut.rs/4b8fRGn

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on X: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en