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deep tech Electronics For You BUSINESS October 21, 2026

Chinese Tech Titans in $35bn Nvidia Buying Spree

Chinese Tech Titans in $35bn Nvidia Buying Spree
AI Summary

China’s leading internet groups race to secure millions of compliant AI chips before supply tightens further. ByteDance, Alibaba, and Tencent have lined up orders for more than 3 million Nvidia RTX PRO 5500 graphics cards, racking up a combined bill exceeding $35bn. The massive rush highlights the relentless appetite among Chinese technology firms for top-tier […]

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