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Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China

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86% Informative

Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China .

The U.S. government, during the Biden administration, restricted AI chip exports in 2022 and then updated the rules the following year to prevent the sale of more advanced AI processors.

The disclosure is the strongest sign so far that Nvidia 's historic growth could be slowed by increasing export restrictions.

VR Score

91

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93

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65

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formal

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English

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49

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not hateful

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short-lived

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