Nvidia's H20 AI Chip Export Charge
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Nvidia to take $5.5 billion charge as AI chip maker's H20 chip requires China export license

75% Informative
Nvidia will take a $5.5 billion charge as its H20 AI chip also now requires an export license to sell to China .
Nvidia stock fell solidly in premarket trade, with Taiwan Semiconductor , AMD , AMD and Broadcom also retreating.
The H20 is an AI chip specifically for the China market to comply with strict export controls developed under the Biden administration.
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