Pauline Dornig

Pauline Dornig

Nvidia: New export hurdles to China cost billions

Nvidia Quelle Sundry Photography Shutterstock 1476322466 1920

With stricter restrictions on the supply of AI chips to China, the US government is causing semiconductor giant Nvidia to lose billions of dollars. Nvidia announced that the company will record a charge of 5.5 billion dollars in connection with inventories and purchase commitments.

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