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Nvidia faces $5.5 billion charge as US restricts chip sales to China
Nvidia's AI chips have been a key focus of U.S. export controls as U.S. officials have moved to keep the most advanced chips from being sold to China. Almost immediately after those controls were implemented, Nvidia began designing chips that would come as close as possible to U.S. limits while still being legal to sell in China.
Nvidia stock sank after a surprise disclosure it would take a hit north of $5 billion following new chip export restrictions.
The Commerce Department announced it is mandating new licensing requirements for Nvidia and AMD to export popular chips to ...
The Trump administration has blocked US AI chip exports to China, hitting Nvidia and AMD with billions in losses as it ...
Al Jazeera on MSN6d
Did Trump really ‘exempt’ Chinese phones, chips from tariffs?Trump only rolled back tariffs imposed since April 2. Laptops, phones and semiconductors still face hefty levies.
(Reuters) - The Trump administration has reversed course on plans to restrict exports of Nvidia's H20 artificial intelligence ...
The U.S. chipmaker disclosed on Tuesday that American officials had informed the company on April 9 that its H20 chip would ... markets. Nvidia had secured $18 billion of H20 orders since the ...
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