By Yuvraj Malik
Publication Date: 2026-09-28 03:13:00
Nvidia’s potential China opening adds another catalyst for investors as Beijing weighs purchases of the company’s lower-end GPUs.
- Beijing is considering allowing select Chinese firms to buy Nvidia’s RTX PRO 5500 GPUs, according to The Information.
- ByteDance could seek about 1 million chips, with shipments reportedly expected to begin in late December.
- Nvidia remains caught between U.S. export controls and China’s restrictions as investors watch for signs of a broader market reopening.
Nvidia Corp. (NVDA) could get another China-related catalyst following a media report that Beijing is considering allowing some domestic companies, including ByteDance and Alibaba, to buy Nvidia’s RTX PRO 5500 GPUs.
Nvidia shares initially rose in overnight trading late Sunday before reversing course to trade 0.4% lower.
China Signals Potential Approval
China’s Ministry of Industry and Information Technology asked companies including ByteDance and Alibaba to submit plans to purchase the chips, The Information reported Sunday, citing people familiar with the matter.
The ministry later told some companies that the government intends to approve the purchases, per the report. Industry executives expect the RTX PRO 5500 to fall outside current U.S. export restrictions, the report said.
Nvidia’s China Issue
The development comes amid a long-running and highly uncertain standoff over Nvidia’s ability to sell advanced processors in China.
Washington has progressively tightened restrictions on…