Nvidia allocates 1% of $70B RTX chip order to China clients

Chinese tech giants ordered millions of RTX PRO 5500 cards, but Bloomberg reports they will receive only a sliver of that demand Chinese tech companies tried to place one of the largest graphics card orders in recent memory. According to Bloomberg, they will get about 1% of it. Bloomberg reports that Nvidia’s Chinese clients will receive 1% of a $70 billion order for RTX chips. That is a striking gap between what buyers want and what Nvidia appears willing or able to ship. Six million cards, three million slots The chip at the center of this is the RTX PRO 5500, a workstation graphics card. On paper it is built for professional visual work. In practice, Chinese buyers want it for AI inference, which is the stage where a trained model actually answers queries rather than learning new ones. Demand has been intense. Reports from October 20, 2026 said ByteDance, Alibaba, and Tencent together ordered more than 3 million units. Those orders were valued at approximately $35 billion, at a price of around $11,400 per card. Those three companies are not the whole story. Total orders from Chinese customers have reportedly topped 6 million units. At list prices, that works out to potential rev...