Nvidia (NVDA) said it secured U.S. approval to resume H20 chip sales to China, potentially recovering $5 billion in lost revenue this year and boosting its stock price. This shocking reversal of ...
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Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China
Nvidia Corp.’s shares tumbled in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to write down charges of up to $5.5 billion in its fiscal first ...
Nvidia CEO Jensen Huang delivered the keynote address at a company AI conference in San Jose, Calif., last month. (Justin Sullivan/Getty Images) Nvidia said it would record a $5.5 billion charge on ...
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