Nvidia is set to incur a $5.5 billion loss following new U.S. government export rules that require licenses for selling H20 AI processors to China. This decision comes amid a trade war exacerbated by tariffs from the U.S. on Chinese goods. The license aims to mitigate risks related to the use of Nvidia's technology in China's supercomputers. Despite experiencing a surge in stock value over the past few years, Nvidia recently saw a decline in its shares. The company is also planning a $500 billion investment in U.S. AI infrastructure over the next four years.
Nvidia will incur a $5.5 billion cost due to new US export rules for its H20 AI processors to China, impacting its crucial AI developments.
Nvidia’s shares fell about 6% after the US government indicated a indefinite license requirement for its H20 chip, significantly affecting its market value.
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