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532 Nvidia Faces Dilemma After Chinese Firms Rush to Order $16 Billion in New AI Chips

The Information
Qianer Liu @ The Information · 04/02/2025 09:00 EDT

Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidia’s H20 server chips for running artificial intelligence in the first three months of the year, ahead of a potential U.S. ban on sales of the chip in China, according to two people with direct knowledge of the transactions.

The orders represent a sizable windfall for Nvidia—but only if it can deliver the chips in advance of the new restrictions. Nvidia generated $17 billion from sal

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