Nvidia Hit by $4.5 Billion Charge Due to H20 Chip Restrictions in China

Nvidia Hit by $4.5 Billion Charge Due to H20 Chip Restrictions in China

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Regulatory changes impacting the sale of its H20 AI chip in China have resulted in a substantial $4.5 billion charge for Nvidia in the first quarter. The company’s financial results reflect the growing influence of licensing requirements on the AI chip market and the challenges faced by major players like Nvidia in navigating the shifting global landscape. Nvidia is reportedly exploring alternative strategies to minimize future financial repercussions from these restrictions.