Nvidia Shares Plunge 7% Amid $5.5B Export Loss Warning to China
Nvidia's shares dropped over 7% after announcing a $5.5 billion loss due to US export restrictions on high-end chips to China, including the H20, as revealed in an SEC filing.
US export restrictions News
Nvidia Shares Plunge 7% Amid $5.5B Export Loss Warning: A Deep Dive into the Impact
Nvidia's shares fell over 7% after announcing a $5.5 billion loss due to US export restrictions on high-end chips to China, including the H20 model, as revealed in an SEC filing.
Nvidia Faces $5.5B Sales Hit as US Chip Export Restrictions Tighten Against China
Nvidia anticipates a $5.5 billion sales loss following US restrictions on AI chip exports to China, with the H20 chip highlighted as a concern. The tech industry worries about the ...
Nvidia Pledges Continued Collaboration with China Amid US Export Restrictions
Nvidia CEO Jensen Huang has announced the company's continued collaboration with China, emphasizing the importance of this partnership despite US export restrictions on advanced ch...
