The Trump administration has barred Nvidia from selling its H20 chip to China, necessitating a license for export indefinitely. This decision follows ongoing US concerns that the chip could be utilized in Chinese supercomputers, reflecting the escalation in tech tensions between the US and China. As a result, Nvidia expects approximately $5.5 billion in writedowns this quarter, affecting its shares and compelling other semiconductor firms to experience market declines. This move underscores the continuation of stringent tech regulations against China, initiated during the previous administration and reinforced under Trump.
The US government informed Nvidia that the H20 chip would require a license to export to China, signaling a significant shift in US-China tech relations.
Nvidia anticipates about $5.5 billion in writedowns this quarter due to halted exports of the H20 chip, affecting its product line severely.
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