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Chinese cloud computing services provider UCloud flags risk of securing orders of Nvidia’s advanced chips amid high demand, tightened US curbs
- Shanghai-based UCloud told investors that there are uncertainties, in terms of delivery time and quantity, to securing its latest order of Nvidia GPUs
- The firm had placed orders for Nvidia’s A800 and H800 GPUs, which are both modified versions of the highly in-demand A100 and H100 products
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Iris Dengin Shenzhen
Chinese cloud computing services provider UCloud Technology Co said it faces uncertainty in securing advanced semiconductors from Nvidia Corp amid high demand, as tightened US export restrictions on such chips continue to impede China’s artificial intelligence (AI) development efforts.
Shanghai-based UCloud, which offers infrastructure-as-a-service and AI service platforms to internet firms and traditional enterprises, on Monday told investors that its orders of Nvidia’s A800 graphics processing units (GPUs), which are allowed for export to China, have arrived gradually and have had “limited contribution” to the company’s operations.
“The procurement cycle of the company is affected by various factors, and there are uncertainties in terms of the delivery time and quantity of the remaining GPUs we ordered,” UCloud wrote in response to investor inquiries about its A800 order through the Shanghai Stock Exchange’s online question-and-answer platform.
“The company will continue to follow up on the supply. Please be aware of the investment risks,” it said.
During its latest roadshow with bankers, UCloud said that it had placed orders for Nvidia’s A800 and H800 GPUs, which are both modified versions for export to China of the highly in-demand A100 and H100 products, but declined to reveal the quantity of its purchase, according to a separate filing by the company.
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