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News in English (USA) / 16.04.2025 / 01:00

Nvidia Faces $5.5 Billion Charge Due to U.S. Export Restrictions on H20 Chips to China

Nvidia has announced it will incur a charge of up to $5.5 billion in the first quarter, primarily due to new U.S. export restrictions on its H20 AI chips sold to China. The company disclosed that these measures, which have been prompted by tight licensing requirements imposed by the U.S. government, may significantly impact its sales. Meanwhile, following a notable dinner at Mar-a-Lago, former President Trump reportedly halted plans to further tighten restrictions on Nvidia’s operations regarding H20 chip sales to Chinese firms. Despite this, concerns remain as the U.S. government continues to enforce export controls, leaving Nvidia and its stock in a precarious position amid fluctuating regulatory landscapes.
Reuters, CNBC, MarketWatch, Bloomberg.com, NPR, Yahoo Finance, "Barrons", TechCrunch, Financial Times, Fortune