"Nvidia has reported a $4.5 billion charge in Q1 due to Trump's chip export restrictions, affecting its ability to sell the H20 AI chip in China."
"The company expects an $8 billion revenue hit in Q2 due to the licensing requirements stemming from the Trump administration's policies regarding chip exports."
Nvidia's recent earnings report highlights the substantial financial impact of the Trump administration's chip export restrictions. The company incurred a $4.5 billion charge in Q1 due to licensing issues that hampered sales of its H20 AI chip in China. Additionally, the restrictions prevented Nvidia from realizing an extra $2.5 billion in revenue during the quarter. Looking forward, the company anticipates an $8 billion revenue decrease for Q2, emphasizing the critical nature of these regulations in shaping its market strategy and financial outcomes.
Read at TechCrunch
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