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RTX PRO 5500
Trends
- 1Chinese chip stocks slide as Nvidia approval signals market shift●Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDance
Chinese semiconductor stocks fell after signals that Nvidia could regain approval to sell chips in China. SMIC dropped 3.7%, Moore Threads 6.3% and Cambricon 5.7% amid renewed competition concerns. Separately, ByteDance is reportedly considering an order of around one million Nvidia RTX Pro 5500 cards, though the workstation GPU lacks the high-bandwidth memory needed for large-scale AI training runs.
- 2Alibaba Nears Approval to Buy Nvidia RTX PRO 5500 Chips in China●Alibaba (NYSE:BABA) Nears Approval For RTX PRO 5500 Chip Purchases In China
Alibaba is reportedly close to receiving Chinese approval to purchase Nvidia's RTX PRO 5500 chips for use in its data centres. The move would ease some of the pressure on Chinese tech firms facing restrictions on advanced AI hardware. Investors are watching the approval as a signal of how US-China tensions over semiconductors may affect Nvidia's access to the Chinese market.